I guess I was very lucky. I ordered a 2407WFP back in early December while at the Dell Store in one of our local malls. It arrived about 5 days later and is perfect. I wasn't aware there were any issues with this model until I saw your note here. I did some checking at the Dell Forums and discovered people there are looking for the A04 revision as there's apparently some issue with the 1:1 aspect ratio option when it comes to using this monitor with some video consoles like the 360 with A03 and earlier. Mine is an A03 rev and the only video game system I have is a PSP so it's a moot point for me. I just thought I'd mention it in case you weren't aware of it so you could check yours out.
Now having said mine was perfect, today I hooked up the S-video input to the S-video output on my DirecTV TIVO unit and I'm disappointed in the picture quality. It looks all "smeary" (Don't you just love those big technical terms
) like a video does when you do something like Full Screen in WMP with something set for 240x320 or 640x480. I was expecting a nice clean picture. Is there some setting I might have wrong or is there something wrong with the monitor?