2407 Rev A04 colorspace problems?

I just got a new Rev A04 2407 a few days ago.  For some reason, video files looked really bad.  Skin tones had reddish/purplish hues, and other areas with midtones and highlights looked really bad with faint red/green 'splotches'.  At first, I thought maybe this was a banding issue, but A04's aren't supposed to have that problem.  Plus, my Windows desktop and images and games looked okay.  My desktop even looked too blue, so I had to turn it down some, but the videos seemed to lack blue.  It's hard to explain, but the resulting video files looked more like 1950's color film prints.  I did not have this problem on my old 1800FP.

 

After some fiddling around, I found an option in my mpeg4 decoder that let me change the color space to RGB32.  After I did this, skin tones looked more natural, although not great.  The reddish/purple tints also seemed to be reduced.  I'm not expert in all this YUV or RGB color space stuff, but after some reading, it seems like most all video codecs operate in YUV color space.  I also have some mpeg2 video though, and I did not see an option to change the mpeg2 decoder to RGB.  With these files, I have the same red/purple/green tinting issues.  It's consistent across DVI or VGA, and even two different computers with two different video cards and driver versions.  My old LCD had no such issues and all video colors looked great at the default settings and colorspaces.

 

Did I get a defective monitor, or is there something inherently broken about the 2407's ability to handle YUV material?  Should I try to get it exchanged?  Other than this, the monitor is pretty spectacular.  No dead pixels, very bright, Windows desktop looks great.  I got the widescreen hoping to watch HDTV though, and having the colors be off doesn't work for me.  Thanks in advance for any advice.