[Solved] Is there a huge difference between 5ms and 2ms monitors?

I just ordered an alienware auroa with a ATI 5870 and i still need a monitor for when i recieve the computer sometime in dec. Im not sure what to buy and ill mostly be gaming on the computer. I will mostly be gaming and i was wondering how big of a difference there is between 5ms and 2ms and what size i should get. im willing to spend the 230ish over 170ish for a monitor if there is a huge difference in quality. Im not really sure what resolution im going to use yet but another question comes to mind with if i want to use an hdmi cable or not. Is there a difference there also from DVI?

Have to agree with cjl. I have 2 ms @ work and 5 ms @ home i have been like this for 3 years and i still cannot see any major difference. I can;t see any minor too if i have to be honest
There sure is difference but i guess it is too miniscule to notice with naked eye.

The main difference would be at higher refresh rates (75Hz and above), where a lower response time is essential for reducing ghosting. But at 60Hz, theres really no difference between the two.