Happy_Demon

Hi, I am really new to computers in general and a freind is building one with me over X-Mas break. Good budget, but don't want to spend much on a nice monitor. Instead, I know I can use a TV as a monitor, but I hear that it is not very good for word processing so many questions:
1) If I have a good new TV (1 year old) will it be ok?
2) Is it much better to buy a really good monitor?
3) What am I looking for if I want to use my TV as a monitor? In terms of video chip etc.

As an alternative to a good alternative, I plan on just buying a dinky little one just for my word processing.

Any other concerns would be appreciated, thanks.