Phillips used to make some pretty good monitors, but I haven't seen one in a while myself so I can only presume they are still very good

the dot pitch itself is pretty good, and probably better than average in 17" monitors these days. It is not the BEST that you can get (number wise)
I'm getting a 19" Samsung which still has lower pitch .20 & .24
However, the best advice I can give you is, if you can, go and check it out yourself in a shop or somewhere. Many other factors influence the purchase of monitor, even some you might not consider (I purchased this monitor, among other things, because of its size... some other 19" monitors with same specs are about 4 inches bigger in frame... don't ask me what they waste all that space on
check color quality, sharpness (*especially* around the edges and in the corners), which resolution it supports at which refresh rates, the warranty etc.
If you can't see it yourself (buying online or something), try to find somebody who's seen or has that model -- I'm sure of 5000 people on these boards SOMEBODY has seen the phillips in action
Good Luck
