The VG278HV has a better display type than most medium monitors that have been around for around the same time as it. This LCD screen has an LCD display type, whereas most medium monitors that were released around the same time as it have an LED display type.
This LCD screen's display type (LCD) is actually the worst display type amongst all medium monitors that were launched in the last 12 months.
An LED display type is the best display type amongst comparable types of LCD screen.
It may also be worth considering one of the alternative flatpanel monitors that have an LCD Display currently available including cheaper PC displays such as the Viewsonic VX2776-smhd ($214.54), the LG 24MP68VQ-P, or the Philips 323E7QDAB.
If the display type of this Asus PC monitor is not good enough for you then you might also want to consider the Samsung LC27F396FHU (LED), the Wortmann AG 2255W (LED), or the Acer GN276HL ($275.96) (LED) which is also cheaper.