Hey sirrah, no one cares the way you are using the term. There is no commercially available "LED matrix" display in this price range, and the term "LED monitor" is used in the current, real world to denote "LED backlit." If you find that usage offensive, don't buy one.
As for people saying it's a rebadged CCFL backlit monitor sold as LED backlit, THAT would be misleading to say the least. Either way, I can't see spending $600+ on this type of substandard shadowy gray market stuff when people are scoring deals on Dells for not that much more. Panel aside, who knows what other components might fail prematurely?
Funny, apparently you cared enough to reply to me even though it wasn't addressed to you.