Yea, one time i installed new drivers, but didn't restart my computer for a few days so i forgot about it. Well i realized something was wrong moving my mouse from the center of the screen to the start bar. Absolutely no 3d, just moving my mouse 2 inches. I thought i had a virus, until about 5 mins later i remembered about the drivers, which set my refresh rate at 60. So yes it is extremely perceivable. When something gets changed and i game, it takes me all of 0 seconds to know that my monitor is refreshing at only 60fps.
And as for the input lag, i believe the RZ has exactly 1 frame of delay. At 60hz its 16.6ms+response time, while at 120hz its 8ms+response time.
Honestly i love this monitor to death, and while its not as fast as my CRT, the added fidelity of 1680-1050 vs 800x600 is worth it to me