Looking for a cheap monitor to pair with my x220

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So I've got my x220 sitting in a dock. I've been using an old Dell Ultrasharp flat panel - it's 17" 4:3 1280x1024, and I don't seem to have enough real estate, particularly for Lightroom 4

I need something on the cheap, say <$125. Newegg appears to have an HP Elite L2201x with a 1080p panel, MVA, 16ms response (?bad) Displayport only (not a problem) for $75. I'm using this for office tasks and dabbling with LR4, probably no fast paced gaming.

Good idea?/Bad idea? Other recommendations? Buy a cheap Acer and be done with it?
 
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