Yes, the estate is great, and the monitor is cheap, but you get what you pay for.
The monitor isn't recognized by any OS (shows up as "Generic PnP monitor" in Windows) because of corrupt data or bad checksum in the EDID. While Windows will fall back graciously and display the native resolution, Linux users are in for many evenings of xorg.conf hacking to override all automatic settings and manually add modelines to make up for the missing data, which can't be found on the "User Manual", all in Korean.
The blacks aren't black, they are gray. Decreasing the luminosity only reduces the already poor contrast ratio. The colors don't look natural.
The glossy panel "feature" only exists because it makes a product look good (as in shiny) on the store shelf. It's a major inconvenience when sitting on the front of the monitor, provided that you don't want to use it as a mirror. If you do, I suggest buying a cheaper, better performing mirror.
The speakers crack loudly every time the display mode changes. The volume buttons don't seem to work.
The stand is not a stand but just a plank screwed (screwdriver included) to the chassis. Its only function is to prevent your monitor from falling flat on the desk.
Despite all of this, the price can't be beaten. Mine came pixel-perfect, and fast.