Hey all, if this isn't the right forum for this question feel free to redirect it. 
I'm in the market for a new computer monitor, finally going flat. However I have no idea what I need or what to look for, other than I need one that is HD. Response time, mhz, refresh rate, contrast ratio, etc... no idea what any of it means. The top amount I'm looking to pay is around $160 or $170. I will be using it for mainly amateur video editing.
Thanks for any help you all may be able to provide.

I'm in the market for a new computer monitor, finally going flat. However I have no idea what I need or what to look for, other than I need one that is HD. Response time, mhz, refresh rate, contrast ratio, etc... no idea what any of it means. The top amount I'm looking to pay is around $160 or $170. I will be using it for mainly amateur video editing.
Thanks for any help you all may be able to provide.