This is the no-frills option for someone who wants smooth gaming but doesn't need the sharpest picture. At 24 inches and 1080p, it's about as sharp as a typical laptop screen — fine for games and everyday use, but not the crisp text you'd get from a higher-resolution monitor. The trade-off is you get 200Hz refresh (meaning very smooth motion in games) without needing an expensive graphics card to drive it.
Pixels switch crazy fast at half a millisecond, so you won't see blurry trails when things move quickly. Colors are decent for an IPS screen — not as punchy as pricier panels, but accurate enough that games and movies look normal.
The HDR Ready label is marketing noise. This screen doesn't have the brightness or contrast to make HDR content look different from regular video, so ignore that sticker.