Regarding what #1 said about the M27Q, id definitely check RTINGS for subpixel layout data first. The ASUS TUF VG27AQ1A 27 Inch 1440p 170Hz IPS is a very reliable, tested option for PS5 120Hz.

Honestly, grab the Gigabyte M27Q 27 inch 1440p 170Hz IPS. In my experience, that KVM switch is a total game changer for tiny NYC dorm desks where you gotta swap between your laptop and console. Ive tried many budget displays, and the subpixel thing is way overblown nowadays. It hits 120Hz on PS5 perfectly, whereas the ASUS is kinda showing its age with slower response times.

^ This. Also, honestly gotta say I was pretty disappointed with how that older TUF handles PS5. A lot of people forget that the console is super picky about HDMI versions and VRR ranges. If you go with the ASUS, you are gonna run into issues because the HDMI bandwidth is just lacking for modern stuff. I have seen way better performance from the Dell G2724D 27 Inch QHD Fast IPS 165Hz which is usually under 300 bucks now.

• The Dell handles VRR over HDMI natively, while the older ASUS often requires a lot of menu fiddling or just wont work right at 120Hz.
• Contrast on the Gigabyte was not as good as expected in my testing, blacks look kinda grey which is annoying for horror games.
• The subpixel thing on the M27Q is real if you are sensitive to it, making schoolwork a total pain. I had issues with flickering on a few of these budget IPS panels when pushing high refresh rates. It sucks when you just want things to work out of the box and they dont...

No way, I literally just dealt with this yesterday. Small world.

Been thinking about your question since I saw it earlier. Honestly, if you are stuck in a dorm, keep in mind that those older monitors sometimes struggle with the PS5 handshake for VRR. I have heard mixed things about whether the older ASUS models fully support the signal over HDMI, so be careful there. I would suggest checking the official manufacturer firmware support pages before you pull the trigger on anything. Not sure if you checked the Hardware Unboxed monitor database yet, but that is basically the gold standard for testing this stuff. They do a way deeper dive on motion clarity and response times than most reviews. I honestly wouldnt stress the subpixel stuff too much for gaming, but if you are doing a lot of essay writing for class, just make sure you check the pixel layout online first. Just dont rush it. Take a second to look at the latest firmware updates for whatever you pick up so you dont run into issues once you get it home.