I game at that res and I don't plan on upgraded to a 1080p monitor for a while anyway (my main tv is 1080p and I keep meaning to try the PC out on it), sure its not as high res but I can compensate by running in higher settings with AA and AF up. The one you are looking at has a 6ms response time according to the site so it might make a good monitor if you want to use it for consoles/tv too and you have the bonus of speakers inbuilt, but you could probably save money just buying a dedicated pc monitor.
Seems pretty poor to me. A standard Iiyama 24" will be better and a lot cheaper, easy to find too a nice thin matt bezels if you want to go multi-monitor. If you can afford spending 250 you can get a 27".
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