Most of the monitors you will find nowadays are medicore quality TN lcd panels with a resolution of 1080p or lower. If you want a better monitor with smooth, accurate colors, and a good resolution, you have very limited options. You can either shell out nine hundred bucks for a fancy monitor like the Apple Cinema Display or the Dell U2711, or you can buy a Korean model.
These Korean models come with little warranty and are only available on ebay from private sellers. That said, it is an excellent deal. $350 for a monitor that uses the same panel as the $1000 Apple cinema display.
The main two brands of these monitors are the Achieva Shimian and Yamakasi Catleap. There are a few different models but they are all basically the same thing:
2560x1440 resolution
27" size
S-IPS panel, nice colors and viewing angles
DVI-D connection only, not compatible with laptops.
These monitors are made with the "imperfect" panels that didn't make the cut for apple cinema displays, so there may be some backlight bleed and 1 or 2 dead pixels. Sucks, but it's still way better than $350 monitor from best buy. There are also some "repair" methods to fix backlight bleed which involves tightening the screws on the panel or something like that. These screens are actually superior for gaming because they don't have onboard image processors, so there is almost no input lag. You can still calibrate the colors in your graphics card control panel. Also, some of these screens can be overclocked to 120hz. Seems pointless to me, but it would kind of be the ultimate monitor.
About 6 months ago I got a Shimian QH270-IPSB. It has one dead pixel and backlight bleed which is quite noticable but only against a black background. I still am very happy with it. Pictures on it just look... so much better than the ASUS VH238 monitor I use for a secondary. Colors are clear and balanced. The VH238 (a $170 1080p screen) looks okay on it's own, but these two monitors side by side have a world of difference in image quality.