To some, it may seem a bit out of place calling an $800 monitor a good value product, but the fact is that the INNOCN 32M2V has all the key panel technology you'd find on a $2,000 monitor, like the popular Asus ROG Swift PG32UQX. In fact, they're using a 32-inch 4K IPS panel from the same family (AU Optronics M320QAN02), as well as the same 1,152-zone Mini-LED backlight system. When observed from that angle, the INNOCN 32M2V is practically a steal.
It's a monitor capable of delivering exceptional HDR experience, as well as very good SDR performance, thanks to its wide brightness range, vibrant colors, and image sharpness stemming from a 32-inch 4K panel with a 138 PPI pixel density. With a low input lag, fast pixel transition speeds, and a 144 Hz refresh rate, it's a capable 4K gaming monitor. Of course, not as good as modern OLED monitors, but that again brings us to the $800 price tag, which no 32-inch 4K OLED monitor can match. Besides, many users are still hesitant to go down the OLED route because of some peculiarities of such monitors, like the non-standard subpixel layout (i.e. fringing) and the risk of burn-in. Other things to like about the INNOCN 32M2V are its clean aesthetic and a 90 W Power Delivery USB-C port with DP Alt Mode functionality.
The biggest issue I have with this monitor is the way it handles HDR/SDR switching. The monitor has three dedicated HDR profiles but doesn't activate them automatically when it gets an HDR video signal from the graphics card. Instead, you constantly have to switch between HDR and SDR modes manually, either by using the clunky OSD or quick-action buttons. Having to do this every time you want to play an HDR game is annoying, more so when you also have to readjust your SDR settings after switching back to SDR mode, as the monitor simply goes to its own defaults, ignoring the fact that you were potentially using custom color temperature or brightness settings. Not everyone will be bothered by such behavior, but that doesn't change the fact that INNOCN needs to release a firmware update to address this issue. Whether that ever happen, I do not know.
I'm inclined to award the INNOCN 32M2V our "Great Value" badge but do take it with a pinch of salt.