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Where are the 120hz IPS monitors?

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Does anyone know why there are no 120Hz IPS monitors on the market or when there will be? I'm sure they'd be popular.

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Anyone here have experience with these? I'm particularly interested in lag and whether it is "true 120Hz" or just 60Hz converted to 120Hz output.

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Of course. What I should have said is: is it 120Hz to 60Hz. But my main interest is in lag and I wonder why no other manufacturers make 120Hz IPS sceens.

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