I saw that Review/Test made on the LG IPS234V on Youtube. It was used to play a racing game. Don't remember what than game was though. I'm not a fan of racing games. I think it performed pretty well on that test without any input lag.
I agree with sir EarlZ, it's a steal. Got it from a local supplier here in Davao for P 8,500. I think I was the first to have this monitor in Mindanao. A decent IPS monitor at the price of TN.
@acronis: I only play Diablo III as of the moment sir and I experience no input lag which is expected cause it's not an FPS game. I'll post again after I try it with CoD:MW3 and Battlefield 3.