If you're shopping for a color-accurate display on a budget, Dell might have just what you're looking for. The company has introduced its 21.5 U2211H and 23-inch U2311H monitors with IPS panels, which are priced at $279 and $299 on Dell's US site.
IPS panels are a different game. If these are comparable to others I've used the slightly slower refresh is way offset by the gorgeous image quality and viewing angles. Once you use them it's tough to go back to the consumer TN panels that only have price and refresh speeds to brag about.