I made a mistake and ordered Dell 2007WFP in December last year together with my new computer. My intention was to get the 2007FP but a wrong click gave me the wide screen. The moment I installed I realized that the mistake was actually a very succesful one. I never want anything else again. The wide screen format is actually very practical, enough space to view the image AND the tools at the same time.
BUT... If money is an issue I would suggest a high contrast, bright and good quality 4:3 format, standard screen instead of a low price (usually low contrast, brightness and bad quality) wide screen.
BTW, no distortion. It is not a TV, it is a computer screen.