I personally wouldn't buy it. At that price (if in USD), I would get something better, perhaps a flat screen. If that's a price in CAD, that's worth it. It's a great monitor, however, for typical use - but not one if you're picky about your monitor. I find the curvature to be a bother.
About the service contract, if there is a problem with a monitor, it usually shows symptoms within the first half year of use. Usually.
Rob
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