Okay, I have an asus vg248qe and the picture is CRAP. I installed a color profile, and I am sure I have the profile in the correct location, but the picture is exactly the same as it was before. Anyone have any idea as to what I'm doing wrong, this monitor is a washed out mess as is.
You're not doing anything wrong. This monitor has a TN panel, a very high refresh rate, minimal pixel response time and input lag. Everything about it is designed to deliver the fastest (read: smoothest motion) shooter experience that gamers can get out of an LCD monitor, especially when using LightBoost to minimise motion blur.
A fairly well-documented downside of this is that the image quality - especially the color - is less than stellar.
Example, see this review:
http://pcmonitors.info/reviews/asus-vg248qe
That same review provides you with links to the ICC profiles and tells you what to do with them. Have you followed those same steps?
In any case, don't expect the picture to improve that much, even after the profiles are installed. Color reproduction is simply not an area where this monitor is intended to shine.