is this tv good for xbox 360 gaming?

hi guys

i found this tv that day and i was looking for an HD tv for my future xbox 360 so im wondering if this tv a good one for xbox 360 gaming heres the tv name and the specs.

LG 26" LC2R

Resolution: 1366x768

Contrast ratio: 1600:1

brightness 500cd/m2

and it have something called 3D noise reduction

HD 720p

so i hope you tell me if this tv a good choice or not i found it cheap too about 800$ which is good for my budget.

thanx 

and yeah another question . can i use this tv as a monitor for my pc ?

thanx again 

i didnt provide a link coz all the sites that i can find about it is in french so i think its imported from europe or something like that.

and the tv on the link is pretty cheap im not feeling right about it coz always the cheap stuff is the worst so maybe ill stick with this LG since its cool for gaming. 

and thanx for helping me :)