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The manufacturers often speak of a 10bit panel if it allows for a 10bit data feed from the internal electronic. A 8bit panel with internal FRC (instead of implementing it @scaler stage) fulfills this requirement too. However: This is quite transparent for you as user. Much more important is a precise transformation of the input signal to avoid a loss of tonal values regarding the input signal.why are LCD monitors still at a low 8 bit when LCD TV's have a good solid 10 bit? its ridiculous.
No (see my note about the nomenclature) but the few 24" IPS screens with RGB-LED blu are using a real 10bit panel (HP LP2480zx, LGW2420R, Quato IP240ex LED).I think the LaCie 324 has a true 10-bit panel...it's about $1300.