LED Monitor - 2ms vs 5ms

Is there a big difference in a LED Monitor of 2ms vs 5ms (I'm talking about big brands as ASUS, Samsung, and ACER)? For gaming wise such as BF3... will I see a difference?
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  1. You probably won't notice a difference, unless you are using 3D, and maybe 120hz (probably not).
  2. If I say I can get a 27inch monitor LED 60hz 1080p HDMI 5ms... for 230. Is that cheap?
  3. Yeah, that's cheap.

    I would advise against Hanspree & Hanns-G (sister companies) since they are more or less the worst monitor brand.
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