Conclusion: Overall the Iiyama E2202WSV offers a pretty decent solution for anyone who wants an affordable 22" widescreen monitor. The RRP of £159 is very attractive and certainly sets the standard for this sector. On the one hand, the relatively low cost means you are cutting back on some features which are missed a little bit, including most noteably a DVI interface and height adjustable stand.
Pros: Very well priced for a 22" model, Excellent colour rendering once calibrated, Good black depth and viewing angles for a TN Film panel
Cons: Lacking features such as a DVI interface or height adjustable stand, Poor colour accuracy at default settings, calibration needed, Build quality is not great, some obvious backlight leakage