It seems that most of the 2ms monitor in this price range comes with a 60hz frequency.
Is it better to stay with a 2ms at 60Hz or take a 5ms with at 75hz from a gaming perspective ?
I'd look at the Dell U2312HM (on sale for 209 atm)
I'd also look at the HP 2511x (can get for 219 atm)
2312 has 0.6 ms imput lag when compared to CRT, and 8ms response.... It's more than just response time when looking at monitors (not to mention half of them don't accurately represent the actual refresh)