Here's my simple studio setup using a 42" LG 120hz HD LED TV as a second monitor for either my Dell laptop (Win 7) or Dell desktop(XP).

Was using two 22" monitors but when my old TV died I bought the LG for Xmas at amazon (with the help of some unused Discover air miles).
Extended my computer desk top and added a lazy Susan ($10 at Lowes) so I can spin the TV and watch from the adjoining bedroom. Very handy!

What a great purchase, very easy to setup, super bright screen and no more computer glasses.
Thought of adding a card to use all 3 monitors but find that these two work perfectly.

One obvious note is that a bigger monitor does not translate to a bigger desktop area,ie. no more room for more windows, just a bigger image.
However, can't wait for next Xmas to get a second 42" (maybe 3D by then).
Guess size does matter!

I mostly use BIAB and then Realband for my song writing hobby and production though I have Reaper and Audacity (for creating MP3's mainly)

Other toys include:
Line 6 Toneport UX1 for interface
Shure 5655D Dynamic and AKG Perception 120 Condenser mics
Korg nanoKey midi controller keyboard (OK but not crazy about the key action, may get a Casio
Casio CTK-2100 61 Key Personal Keyboard with New Voice Pad Feature at some point)
Ovation Legend Acoustic Guitar
Yamaha SBG 500 Electric
Misc harmonicas, banjo, tin pans etc

All works quite well for my basic needs and done on a budget over time.
Good luck on your set up.
Carkins

Photo of Studio:http://www.carlkocich.com/MusicStudioPhoto.html
Songs:http://www.carlkocich.com/Music.html
[image]http://www.carlkocich.com/MusicStudioPhoto.html[/image]