Both monitors have the waveform...
the 17" indeed will soften a picture... so does the 26, but to a much lessor extent. The Pixel for Pixel option is also very useful especially if you're compositing.
The JVC monitors look better to me in general though... blacker blacks.
Jerry
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Dual 2 gig G5, AJA Kona SD, AJA Kona 2, Huge Systems Array UL3D