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Vetteman94 said:
Well my understanding is full HD is 1080P, which would mean only 1920x1080. Dont know why you would expect an extra 120 lines

This.

Full HD is 1080p. That's just what the phrase means. If full HD were the highest availible customer resolution then it would be something crazy (there are plenty of 2560x1600 monitors out there, and others are much higher than that). Also, a 24-inch, 1920x1080 monitor for $150 is still great value for money.