I've had a 19" TN panel HP monitor for about 5 years and thought it was time to upgrade. I'm into photo editing and IPS panels are the way to go but they've always been expensive until recently, when several under £150 appeared. A read up on the qualities of each led me to the Viewsonic VX2336S LED, as this was the one with the most accurate colour out of the box. Knowing how tricky it is to get accurate colours, this forced my decision and VX2336S it was.
I've now had this 23" IPS monitor for a whole day and a half, but that's long enough for me to have put it through its paces, and yes it's just what I hoped for. If you just want a monitor that hits the sRGB colour space real close, images look great with deep blacks (it makes my old HP look pathetic, I doubt you'll find anything better image-wise for 3 times the price. It's better than a friend's 2yr old £300 NEC. High quality images can look very impressive.
The stand just swivels - quite well actually, but a bit bouncy - it's good enough though. Menus are easy. The monitor looks OK, a mix of glossy and matt black plastic. The standard 'NATIVE' colour setting is fine, I think I've found a slight improvement by going to 'USER COLOR' and basically mainly turning red down a touch, Viewsonic themselves say that NATIVE has slight extra red. Greys look naturally grey, no colour casts evident. I'm not into video, but it looks fine to me.