I <almost> ended up having the same monitor as you, WhiteRaven. My dad works for LG and can get monitors for cheap, but they were sold out of that particular model so I opted for a cheap 17" one from Aldi instead.
I know it sounds like a bit of a comedown, but you can't go wrong with a flatscreen for only 130 quid - it's got good stats too.
For listening to music, I use Sonique 1.96. I can't stand the all-new Sonique version 2, and it's damn hard trying to get copies of Sonique 1.96 now, but guess who has one?
I can watch TV on my computer as well. I've only got a tiny indoor Ariel connected to my computer at the moment, so I can only just about get a picture on ITV. Only one channel!
I use AverTV Go 007 Plus to watch the TV on my computer, but since the picture is so bad, there's no point. Still, I can also use the program to listen to the radio, so I still run it.
Shameless Welsh plug: 97.4 and 103.2 Red Dragon FM! 