The problem I have with a vertical monitor screen is that I end up craning my neck to see the text at the very bottom of the monitor.
If you're looking at a screen or paper all day, you want narrow text to avoid a lot of unnecessary eye movement, and relatively short windows so you avoid unnecessary head movement.
Readability is still a good reason for keeping functions narrower than 80 columns and shorter than 24 lines.
I've only used 22" monitors vertically, maybe bigger ones are just too big for vertical use and worsen the issue you've experienced.