Difference is price and design.
You can get better and cheaper (not much) LED screens from other vendors.
Have a look at MRoogle to see many threads about this issue.
i wouldn't say its the best but its very nice.
for what its worth i would have gotten the dell U2410 ($600) if it were LED backlit.
I got my 24 inch cinema for $550 used on ebay. sometimes they are in the apple refurb store for $600.
the nice thing about the cinema is that it comes with the power adapter for the macbooks.
if you plan on using it with your macbook pro only then i would recommend it. if you want more input options get the dell U2410
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Actually, I think the refurb offers a pretty great price for an h-ips panel with LED backlighting...
I bought a refurb 24" Cinema Display. I am very very happy with it. It has to be the best looking monitor I have ever used. If you don't mind the glossy screen you will not be disappointed. Go with the refurbished one and save $300.00. Now I wish that I had 2 of them.