high latency on TVs make it bad for games etc. as anyhting thats sensitive on IO timings can feel a bit off. even 5ms compared to 1 or 2ms response times is noticable by a lot in hand-eye coordination across io -> monitor.
I have a couple of budget vertical Samsung TVs in my monitor stacks.
The quality isn't good enough for photo work, but they're more than fine for text.
I don’t play a lot of fast paced games and I am not good enough at any of them to where a frame of latency would drastically affect my performance in any game, and I don’t think two frames of latency is really noticeable when typing in Vim or something.
I hope you mean lower? An OLED pixel updates roughly instantly while liquid crystals take time to shift, with IPS in particular trading away speed for quality.