“I used to believe the DVI is better myth, but I have one anecdotal example sitting on my desk that says otherwise.“
Further to what Jeff said - if you’re running any sort of high resolution monitors (say, 20” or larger?) - you will notice issues. If you’re using 17” or smaller LCDs, and you don’t have a whole lot of other power cables running around near your VGA cables, you should be fine for most applications.
I’ve got a Dell 24" LCD Panel and it is very obvious if I try to run this over a VGA link.
Oh, and on the viewing angle thing: Only the cheap/older panels out now will have anything resembling a viewing angle issue.
We’ve got a “moderately” priced 32" LCD TV at home (and I tried out a whole bunch more in store) - the viewing angle is well over 120 degrees side-to-side (not sure about how the up-down angle goes, but it’s well and truely enough that I can lay on the floor ~3 foot from the TV (it’s on a side-table, about the same height as a regular desk), or stand up, and still watch just fine.