Thank you, Gray_Area and, again, rCadeGaming (Rob)!
These are my current desires in a display:
1. That it perform (look) good. In the least that it does not
distract from the gaming experience.
2. That it's not super difficult to fit in a cocktail cabinet.
3. That I have an aversion to taking the case off a real TV and discharging it (I am bit intimidated by this procedure)
4. Limit money spent (although, as I said, if necessary I will spend a bit)
5. Reasonable lifespan
6. Reduce cabinet weight. (Not a big deal, but still a consideration)
And here is my - probably not completely accurate - impression of my options with respect to these desires:
LCD1. The biggest concern I have about LCDs is around this desire. Are there any LCDs that won't annoy me every time I'm playing Joust? Be it the viewing angle from a cocktail cabinet seating position, poor black depth, poor refresh, input lag.
2. Easy
3. N/A
4. LCDs - even IPS - seem relatively inexpensive
5. I'm not sure on the lifespan of LCD in a cabinet, but think I could replace them down the road pretty easily an inexpensively.
6. Obviously LCDs are the lightest display option
OLD TV1. It seems like TVs will be excellent for viewing after proper configuration
2. This could be challenging. Obviously people do it all the time, but it sounds like it could be tight.
3. My biggest worry: discharging, pulling off the case (have no idea how), refitting with the appropriate connectors.
4. The cheapest option. Sounds like I can easily get a great old TV for less than $100.
5. rCadeGaming thinks an 10 year old trinitron would still have another 20 years in it. His information is my only data point. This sounds like a very good lifespan!
6. Heavy!
ARCADE MONITORNOTE: On the websites I've visited that sell arcade monitors, the monitors look like CRTs to my uneducated eyes. That is, they seem to have glass on the front and an elongated back that would give space for the guns. But from what I've read, CRTs are not manufactured anymore. These things that look like CRTs are actually LCDs?!!
1. Sounds like arcade monitors will give a great picture. But I am confused about this "tri-mode" thing and its inability to remember resolutions. Do I have to manually adjust the picture every time I change resolution?!! That seems quite cumbersome.
2. Sounds similarly tight to a TV - maybe not quite so deep?
3. N/A (I think!)
4. The most expensive option.
5. My guess is that these have a long lifespan since they are built for 24/7 use in a commercial setting.
6. Heavy (from what numbers I've read on sites like Happ)
Most of my desires are met by an LCD except possibly the most important one - that the games look good! I
so want to find an LCD that will at least not make me hate this machine I'll have devoted so much time and money into building.

If the LCD viewing experience is not decent, then I look toward the TV. But there I worry about the case removal etc. And the size of the TV seems like it will make life difficult during assembly. Also the heat is a concern. My guess is that TVs make the cabinet quite hot and require more cooling - which can increase fan noise.
The arcade monitor is a wild card for me. Are they shallower than a TV? Do they run hot? Can I configure them once and rely on them to switch frequencies properly thereafter? What questions do I not even know enough to ask about arcade monitors?!!
I feel very lucky that this subforum is active and by such helpful and experienced members!

Sean