Asus' PB278Q is quite nice indeed for the price, offering a no-frills premium panel for those who are looking to save pennies.
PLS screen has great viewing angles; Matte screen without sparkling anti-glare; Full range of adjustments for the stand
Light bleed shouldn't be an issue on a panel like this; Mode switching on HDMI makes the monitor think there is no signal; Slight banding across gradients; High power consumption in standby and off modes