$154 that's dirt cheap!
Quoted reponse time means nothing, the type (TN/VA/IPS) and quality of panel, and efficiency/balance of the pixel overdrive are way more important.
Lag of course is also important.
You will know about those only thanks to competent reviews on serious dedicated websites (in 99% cases product descriptions don't reveal anything useful about actual performance, quality and compatibility, and customer reviews are ridiculous garbage. amazon, newegg, bestbuy, whatever no exception)
Compatibility with off-60Hz video modes is crucial depending on what you'll feed that display.
that you will know only with experience and community feedback, because reviewers don't bother testing retro gaming hardware.
the VX3276-mhd (aka VX321-mh) is the only 32"monitor I know in advance to be very liberal about refresh rates, but they say being a thin-bezel design IPS it is plagued with frequent bleeding backlight defect.
Note: ppl who really hate backlight bleed and don't want to risk having to return a monitor, should go for VA panels instead of IPS.
They're slower panels, not ideal for the fastest moving games, but a safer purchase more immediately satisfying (which is why most LCD TVs sport VA panels)
AAAAAAAAAnyway....man, $154
for the price I'd say f* rationality and give it a try.