If you are referring to the unusual subpixel layout and the associated problems with Microsoft clear type, yes, these also affect this monitor. However, the perception is very individual. Some see it immediately, others (like me) don't notice it.
This question is not clear. The monitor isn't designed for word processing and doing Word or Excel 8 hours a day on it isn't suitable. After that, it's still perfectly readable, it's just not as comfortable for reading as an IPS or VA panel.