Bilab's website says it uses a vga connector and doesn't require an isolation transformer. It should be very easy to hook up.
The only difference between this monitor and the others is the PC monitors come in a case and remember their resolution settings.
Also, if you get lucky they can usually be found for a fraction of the cost, less than 50 dollars or even free.
Where are you located? I saw in your earlier posts you mentioned Toronto. I looked at the Toronto craigslist and there are a dozen or more 19" VGA monitors that would work very well in a MAME cocktail, but they wouldn't be able display native resolutions in 15khz modes. They would be able to do them in 120 hz modes though, BUT, the scanlines would be much more pronounced than with an arcade monitor. If you could find an older one this wouldn't be so much of a problem. Look for something with a dot pitch of .31 mm or greater. Anyway, it's something to think about.
Also remember that several of those VGA monitors can do 1600x1200, and with a high resolution like that and some nice filters for MAME you can get a very nice image that is close to an arcade monitor. At the price of $0 I would find that very tempting.
In addition to the VGA monitors on Craiglist, you might want to check out the monitors that look funky or have no description. Those are often old CAD monitors and stuff that can do what we want, 15-38khz.
Oh, and just for a laugh: how bout THIS for you cocktail:
http://toronto.en.craigslist.ca/tor/ele/1120648615.htmlIt's perfect for everything you want! except it's about 4 times bigger than you need.