I live and work in close proximity to an art school and the and all I ever see in the comp labs are CRT's. And I don't think cost is a factor in their choice, as annual tuition easily tops $25k-30k/year. Most of the graphic designers I know use CRT's as well. I have one friend with an LCD and he seems happy with it, but I prefer a 19" CRT over an LCD anyday.
edit: and I also recommend TigerDirect as a great choice for price and service
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