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I would go with the dell ultrasharp, or at least another monitor with an IPS (in plane switching) or VA (vertical alignment) lcd panel. For the most part if the monitor is cheap it will use a TN (twisted nematic) panel. TN panels have great response time, but in all other categories (color reproduction, viewing angles, black levels, etc...) an IPS or VA panel will be better. It sounds like you're doing basic photo editing so it probably doesn't matter but IMO a few extra $100 is worth it for an IPS or VA panel.
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