Can anybody help me decide on which LCD I should buy?

Okay I think I've narrowed it down to two monitors. The NEC MultiSync 20WMGX2 20" or the Dell 2407WFP 24". I already know that both monitors use different panels. My main use will be for pretty much everything, gaming, digital art/photography, movies etc. I've seen the NEC in action at a store and I have to say it looks great, with the glossy coating, and I love the colors this thing outputs. However I was wondering what people think of the Dell 24". Also how do the other inputs compare between the two. (Composite/component inputs). It would be helpful if I could get some feedback on both monitors before I spend $550+ on a monitor. Does anybody have any specific links to any threads with these two monitors in discussion? Also does anybody see drop in the LCD prices in the near future with OLED, etc technology coming out?