I've always been told that LCD's do not flicker, but every time I walk into any showroom with a wall of LCD TV's, and I see them flickering away at what seems to be 50Hz. 60Hz on a monitor is another story, but when I set my LCD monitor (LP2475w) to 50Hz, it's definitely flickering.
None of the foreigners in any major tech forums seem to be able to detect this, but to me 50Hz LCD flicker is just as obvious as the flicker of a 60Hz CRT.
Is it something to do with NZ's mains power?