Hi, I have a 21.5" Samsung 1080p HDTV at the moment, which has a low Hz and probably refresh rate too. It is also a bit small and was cheap so doesn't look as good as it could.
I have recently built a gaming PC and I want a really nice bigger monitor for it, I have found one which I was going to buy until the price rose by £30 which was a bit annoying, and now I am slightly not sure about it.
Hz = Frequency. It is total number of waves passed through a certain distance in 1 second. In computers, frequency is the total number of times your screen refreshes in 1 second.
I hope you got the idea.
Now lets come to the question -
That is a much better deal mate.
These days 24 Inch monitors with 1080p resolutions have around $250 price with 60 Hz refresh rate.
Yours is a good choice, go for it.
But keep in mind, it has 120 Hz Refresh rate so you are going to need a good GPU to be able to play games at respectable frame rates.
It would be a more GPU hog than a usual 60 Hz screen but you would get unmatched smoothness in your system.