LCD's have come a very long way - from the original 20ms monsters they were, to now 30", 3D/120hz, Eyefinity/Surround Vision setups... Samsung are another first to the market with 1ms response time.
Samsung announce the P2770FH LCD which is rated at 1ms.
Young Bae, Samsung's director of display marketing issued a statement saying "a prime example of Samsung's leadership in display engineering, and creative professionals and computer gamers seeking the best possible viewing experience will immediately appreciate its benefits."
At the moment there are plenty of 2ms screens - but the Samsung P2770FH is the first 1ms screen to be announced - which is twice as fast as current competing models. Samsung claim that the P2770FH completely eliminates motion blur and ghosting effects.
Samsung's P2770FH is a 27" model, 1920x1080 (1080p), 70, 000:1 dynamic contrast ratio. Samsung have also stated the colour gamut range is higher than most monitors in this price sector. Connectivity wise, they have DVI-I, HDMI and the ageing VGA.
US pricing should be around $400.