Well, you are quite correct. Lcd's are in many ways not as good as CRT's. they have slower response times and are often not as solid. With recent technological advances however, LCD's are now nearly as good as CRT's. They use less power, are easier on the eyes, weigh less, look better and take up less space.
I am only just recently converting to LCD's and I'm quite happy with my decision to do so.
Regards,
Korrupt