If you can ignore the backlight issues, watching films on the P2370HD is relatively pleasant, though we would recommend leaving the dynamic contrast setting (which boosts the native 1,000:1 contrast radio to an implausible 50,000:1) off. This monitor's 1,920 x 1,080 resolution is also ideal for watching Blu-rays or connecting HD consoles, while also providing ample desktop real-estate for productivity tasks.
TV performance from the digital tuner, meanwhile, is pretty much what you would expect. Without any advanced processing to enhance it, the original signal quality (or lack thereof) is largely maintained. As a television then, this display can only be described as adequate, though it must be noted that the EPG and channel information presentation is up there with the best.
We were expecting the usual rather poor performance from the integrated 3W SRS TruSurround HD speakers, especially considering those found on the SyncMaster T240HD were none too impressive. However, we're pleased to report that not only were our poor expectations unfounded, but we'd go so far as to say that the P2370HD has the best inbuilt speakers on any sub-24in display we've reviewed. Yes, that's a sweeping statement, but they deserve it; offering audio with plenty of clarity, depth and passable bass without significant distortion even at their relatively high maximum volume, they're a good match for the screen. This set also has Dolby Digital Plus support.
Another advantage for the P2370HD is its reduced power consumption. Where the T240HD burns though 75W when operational, the P2370HD consumes a more reasonable 51W. It's probably not enough to seal the deal in favour of this new model, but it does no harm either.
Overall, how does this TV monitor hold up in the value stakes? Funnily enough Samsung's strongest competition here is Samsung, as at £280 the P2370HD is exactly the same price as the older T240HD. It's really up to you whether you want to go for the extra inch and second HDMI port of the latter, or the superior aesthetics and reduced energy consumption of the former. Since the P2370HD is a new product prices should go down after a while, but even as-is it's good value for such a versatile display.
If you're after a compact, affordable monitor and TV for your bedroom or study the P2370HD is definitely worth considering: it's beautifully designed, well featured and competitively priced. It's only let down by adequate, but not outstanding, image quality and the fact that Samsung's own T240HD costs around the same and offers an extra HDMI port.