This is yet another one of those 'the right tool for the right job' topics. If you are a professional designer and want perfect reproduction of colours onscreen then you should be buying yourself a decent CRT (such as the old Trinitron monitors, sadly no longer made), or pay for a very high quality LCD (yes, some do exist to do the job).

If you want to do normal things then you can live quite happily with a cheap LCD. If you want to play high FPS games or movies then pay a bit more and get one with a very low response time - but even then they aren't that expensive (eg. a 2ms response time 19" LCD costs around 150GBP).

Any comments such as "CRT's are just better because X" are misguided and elitist...