See u can get a LCD monitor at ur budget but u will be compromising on ur performance..See if u go for a CRT monitor then u can get a descent configuration....one with AMD Athlon64 3000+\ASUS mobo\6200 card\etc
And cheap LCD monitors are very bad for gaming and movies but for office work they are fine,but don't expect too much from them.I know LCD monitors look good but hey,don't u want to have a good PC...and a fast 1....