I have a 15" Iiyama and am over the moon with it.
Most have warranties that cover such 'dead pixel' issues for about 2-3 years and you can then opt to extend this cover if you need/want to.
I opted for a 15" due to the fact that they are surprisingly reasonable these days; and duelled with my Geforce FX 5600 Ultra and PowerDVD XP 4.0 I have never seen movies, or indeed such graphical masterpieces such as the GTA series look any sharper or more delightful to enjoy.
Take the plunge.
They also look, damn cool. :oP
(I'd steer cleer of the ones with speakers though, they are still in their 'gimic phase' and are entirely useless compared to proper sound systems.)
Text is also exquisitly sharp, a fact that is mostly tarnished by many LCD critics.