I joined the forums today just to mention that alphaod from the Macrumors forum was brave enough to open up the Apple 24inch LED Cinema display and found that the LCD panel IS in fact LG's latest H-IPS panel (LM240WU6-SDA1). The photo can be found here. The specifications of this panel as listed here match the ones as listed by Apple. Also, just looking at the display, you can practically tell it is IPS. There is virtually no colour shift. To me, it is easily one of the most pleasing monitors to look at, both the actual LCD itself and the monitor physically (it is even thinner than in the pictures). So with this display being H-IPS and LED backlit, it is a real steal compared to what's on the market right now.