tolk :
old monitor (Viewsonic vx2025wm, 20.1" 1680x1050).
24" 1920x1080 (or 1920x1200) panel or a 27" 2560x1440 panel
(so that PPI is similar to current monitor).
The PPI of your old monitor is 98.6. The PPI of the 27" would be 108.8 while the 24"ers would be 91.8 (1920x1080) and 94.3 (1920x1200). The higher resolution 24" will be closer to what you're used to as well as having the same 16:10 aspect ration.
A 27" at (2560x1440) requires scaling in Windows in order to make text readable. Not all programs heed Windows' calls to scale their dialogues and text, so some will be really small. That resolution will have pixels, any unscaled text, dialogues and icons that are about 91% of what they would be on the 20.1", that is, noticeably smaller than what you're used to.
In contrast, both resolutions of 24" will have bigger pixels, dialogues, icons, etc (104.5% and 107.4% respectively).
I had a similar decision last year (upgrading from a 20" @1600x1200) and I'm really glad that I didn't go for the 27". I was attracted to the greater pixel count but, while good for some graphics, hindsight shows that it would have made development much more challenging.
I'm not a gamer so I have no comment on that aspect. The greater pixel count may be good for games, if your graphics card and the game can cope with the higher pixel count but scaling of video 2560x1440 may even degrade the quality. I say "may" because I didn't get the 27" to try it out, so maybe someone can say from experience. I only bring it up as a possibility that needs to be checked out.
I think it might be handy if someone could do you a screenshot that matches your typical work environment, so you can see how the use of screen space is affected by the change in pixel size on 24" and 27". (In fact that might be a very useful article for Tom's to do for everyone's benefit)
As for which 24"ers to get. I got myself a pair of Dell 2412Ms, liked them, gave one to a friend and bought two more. However, as I say, I'm not a gamer, so I'm only recommending them for development, browsing, and watching the BBC iPlayer. A 24" in portrait mode is definitely recommended for browsing or having an Explorer in the one half and an editor or program window in the other.