IPS is nice, but they typically cost more and are susceptible to higher refresh rates when compared to TN panels; but, if you care about calibrating the color of your monitor to be perfect, then an IPS panel is going to allow you to do that.
The only way I'd recommend a 27" monitor is if you were moving up to 1440, but running 5 clients on a GTX 680 at 2560x1440 might be less than acceptable performance (it would be for me anyway).
This is entirely up to you and how much space you have on your desk for extra monitors. I used to run vertical monitors, but the aspect ratio never quite matched up unless I squished the game clients down. I still miss them for browsing the internet, though.
If you have multiple GPUs attached to specific monitors, then you might incur a slight performance hit when swapping game clients from one monitor to another, but that also depends on your Window Layout in ISBoxer.
GSync and FreeSync are completely unnecessary for multiboxing because it's recommended that you disable VSync altogether when multiboxing which completely removes the need for either of those new technologies. If you play a lot of games solo and screen tearing really ruins your gaming experience to the point where you're going to punch a hole in your screen, then maybe it's time to start looking into GSync or FreeSync (or anger management).
I doubt that's caused by the HDTV alone because WoW doesn't know that it's running on an HDTV rather than a monitor and it should be displaying everything like normal. I'd assume that a handful of people run their games (solo or multiboxing) on HDTVs and if that was the case you'd see more reports of weird distortion, but it sounds like it might be time to clean out your cache folder and let it rebuild.
While the idea behind the cheap Korean monitors is nice, I do have a few problems with them:
1) Any reputable monitor is going to come with a 3-year warranty. These Korean panels come with a 1-year warranty.
2) Are you 100% certain that someone from Korea is going to honor your warranty if something goes wrong?
3) You typically pay more for monitors that are guaranteed to have no dead pixels.
4) You can buy the same monitor in the US from Micro Center and opt to pay for an extended warranty if you want, but you also don't have to ship your monitor back to Korea if it breaks and needs to be replaced.
Running the displays is unlikely to be an issue, but running five game clients at acceptable video settings and FPS could be an entirely different story.
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