That Acer is a good price. My buddy bought that one a couple months ago. Only draw backs are the base is kind of cheap and if u bump your desk the LCD does wobble (not even that big of a bump). Also the contrast ratio is 700:1, which is okay/good, I'd look for 1000:1 IMO.
I have a 20" Viewsonic that I think is a bit better in brightness and color. No ghosting in either; however, mine has built is speakers which are terrible and I should have order the one w/o the speakers.