I have less problem with it for an individual screen, but for multiple people like a living room, it makes no sense to me (it makes no sense to me either way, but it makes less sense).
My new monitor will only be 24", so nowhere near as big as your beast of a monitor, but even that will be a huge upgrade in size for me from my current 17" CRT. To me 24" is the sweet spot for computer monitors. Beyond that, and the input lag and refresh often start to suffer, and I'd rather have a smaller screen with better specs.