yeah HDTVs are pretty much huge monitors that are 16:9, which is why they are so much easier to connect electronics to (ie your computer). yeah that would be a pretty nice monitor!
the only problem is this, the dot pitch isn't as good as a normal monitor, becuase these things are like 30" diagonal, whereas your Monitor is anywhere from 14" to 21". needless to say, the size of the individual dots on a monitor are much smaller.
oh, and if you're wondering, the signal that HDTV is using is at the same frequency range as normal TV, however the signal is sent in Digital format, that is, it is on and off, and nothing in between. that alone allows for compression of the signal, as well as less interference, until the signal is nearly un-recievable by your antenna. the compression that HDTV uses on the video is MPEG2.