Alright. LCDs and CRTs, both, have their advantages and disadvantages. However, IMO CRTs are better for gaming. To summarize some of the points mentioned above, here's why I beileve that CRTs are better in general:
1. Flexible resolutions. All else equal you get better image fidelity at higher resolutions. Personally, I play all games I own (except Oblivion) at 1600x1200. Not even sure if you *can* buy an LCD that supports this (or comparably high) resolution, but if you can, I am sure it costs three+ times more than a very good 21" CRT;
2. Decent size high quality LCDs with minimal ghosting are not the rule but rather exceptions to the rule. They are also rather expensive. Personally, I find any gaming monitor smaller than 19" inadequate. And for the price of a top-quality 21" LCD I can have a top qulality 21" CRT + $$ left over for, say another Gig of RAM or something else. And still, with a 21" LCD I will not get to play anything at 1600x1200'
3. EDIT: Oh, just remembered: If you try to change the native resolution on an LCD your image quality will go down the pipes and you'll get all that shimmering and stuff. Say your LCD native resolution is 1280x1024 but your GPU does not have enough juice to play a game smoothly at that resolution. Now, try to set it to 1024x768 and see what happens.
4. Viewing angles. Granted, I have not personally dealt with very many top quality LCDs. However, every LCD I've seen has this problem: If I play a game and my girlfriend wants to sit next to me and watch, and say she is sitting not directly behind me but to my side viewing the screen at some 45 degree angle, she cannot see a damn thing.
There was something else but I forgot and have no time to try to recall it now. If it comes back to me I will post an EDIT here.
So, unless someone can convincingly dispel the above I have to reiterate: Compared to CRTs, LCDs suck for gaming.