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LED has the best contrast. Not quite as good as plasma but close. So you're getting the darkest blacks possible.
LCD doesn't even make black colour. When you see black on an LCD its actually the darkest grey it can produce.
LED is more energy efficient. It will last longer than an LCD.
LED generally produces a more richer, vibrant picture.
For a computer monitor I would go with LED if you're planning on gaming with it, or watching movies or photo editing.
edit: we have a 32" LED samsung and it looks just like the LCD's in the same size. I wonder if they share the same similarities that 720/1080 resolution has on 32" and smaller TV's, because of the size there isn't a significant difference at all. I wonder if LCD/LED same sort of concept. That being said, There is a significant difference once you compare a 46" LED to LCD because of teh overall larger picture.
Does that make any sense? lol
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