Well, I guess it kinda depends on the size. I'm using a 15" LCD and it's fine for me. The only real drawbacks I can think of are that it can't go any higher than 1024x768, which is the physical pixel depth of the screen, and if the monitor goes off for a long period of time while the computer is still on, then when it wakes back up, the colors are a little tinted. But that goes away after about 30 seconds. At resolutions lower than the physical pixel depth, say 640x480, it's not too different, just the pixels being a little fuzzier (because the monitor has to fill all those extra pixels; I think this is a side-effect of any type of monitor).

Hope this helps your decision.

Code:
void main()
{
    cout << "I am MrCode,";
    cout << "hear me roar!";
    system("PAUSE");
}