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A typical under $1,000 LCD won't look good for performance gaming because of the slow refresh rate (i.e. the pixels can't change fast enough to keep up with the changing frames). Not to say there aren't LCD's that are as good as CRT's for gaming but they typically cost $1,000 - $2,000 and screen size isn't what you'd be paying extra for (~$1,800 for a real good 17").
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