Using PC Monitor/Speakers w/ 360 is nice

As a former PC/non-console guy, I switched to the 360 primarily because keeping up with PC hardware upgrades is too expensive. But I wasn't used to gaming in my living room 10' away from the TV. Also I can't afford an HD tv right now.

So I hooked up my 360 to my PC 22" LCD monitor/surround speakers and I can say I'm very pleased. Now I can hit the VGA/DVI button on my monitor and toggle between my PC & xbox and also play xbox games in 1260x1024 res. However I'm still working no getting digital sound to work.

Has anyone else used a PC setup for the 360? What do you think?

I've used my 19" LCD with my logitech 5.1 and man!!! It looks great, and sounds wonderfull.
As an avid PC gamer from last year, my sound system on my PC is better than my HDTV system. :P