The quality of picture is very good (as this full review shows - [...] ), and the screen is matt, so no annoying reflections.
You can view the picture at almost any angle, making it great for watching films together etc., unlike many computer screens.
It worked out of the box as a monitor for my Linux machine, with both HDMI and VGA.
Included in the pack are power cables (of course), a VGA cable and an HDMI cable, and the stand that you have to attach. The stand is slightly wobbly, as other reviews say, but it's not really bad. Since the stand is removable, and there are holes on the back to fit a standard VESA stand or bracket, you could replace it entirely. I'm using it wall mounted.