There are very few display devices other than computer monitors and projectors that can display native 16:9 at 1080p. The newest large LCD tvs are starting to hit 1920x1080p native resolution, but nothing in this price range. Even most of the large rear projection tvs are not natively 1080p. As another poster points out, at this point 1080p content is exceedingly rare, and native 720p displays are the norm. I went to CompUSA to check out this display, it was setup very poorly but after some tweaking it looked pretty good. Not as good as the WEGA 23" which costs a whole lot more, but pretty good. I couldn't try it out as a computer display but I'm sure it would work in that capacity.
The one drawback is for native 720p images there is scaling going on in the y-axis, so arguably a native 1280x720 panel would look better, but the Samsung 23" LCD looked no better in the store. Worth checking out for those interested in this size and price range - check out the web for 23" LCD TVs, there's nothing close to this price.