It's a fast ips, no point mentioning that part. I will just say a few things that may be of interest:
1) The wide gamut isn't as problematic as i imagined. When i first started the montior, every color had this "neon" effect on it. I've been playing around with the settings and i've also tried a few ICC profiles to try to fix the contrast, but what i managed to fix was this excessive saturation. Not sure exactly what i did, but everything looks normal now, at least on windows. It looks almost identical to sRGB, and i can only notice it's not in sRGB emulation when playing games. Maybe windows 10 got smarter and knows how to handle this color spectrum? I have a mind of starting from scratch and retrace what i did step by step.
2) The contrast is just bad. Nothing that can be done. I had a LG 27GL650F and there it was much better than the 23" IPS i showed in those pictures, almost half-way between the VA and the 23" IPS, where as the 27GL850 is actually slightly worst than the latter, which is a massive disappointment to me, because i thought it was going to be similar to the 27GL650F. I mean, it's an IPS panel, that's what it is, and i used the 23" for years, but if the contrast had looked as good as on the 27GL650F (i'm assuming that one had to have been higher than 1000:1), it would have been perfect. As it is, i'm contemplating returning it. I'm just waiting a bit to see if my distaste for the contrast is just an effect of having owned a VA screen as little as a week ago.
3) No variable overdrive apparently. This is supposed to be a "feature" of Freesync, so it's not the fault of the monitor, but after setting the response times to "fast" (fastest is simply unusable, the artifacts you get are way worst than what you see on a VA), and dropping around 60 FPS, you can start seeing some overshoot and white trailing. Honestly though, it seems i'm not sensitive to this kind of issues because it doesn't bother and i wasn't bothered by the purple trailing of previous VA screen, but i guess it's worth mentioning.
Other than that, the screen is beautiful looking, colors are great, and text is actually crisp and not blurry. This was my main issue with the 27GL650F, text was just unreadable to me. Also, i heard the VA LG has, the 32" one, suffers from blurry text, and i'm glad that problem isn't here. And of course, it's fast, too bad the 1ms overdrive mode is simply unusable.