I use that combination and not only is the card highly capable but the monitor is superb. I had the card previously and then upgraded from a 17" CRT to the LCD Viewsonic. I did find that the monitor is not "Microsoft ready" but that was absolutely no problem as the alternate install (manual) was almost automatic in itself.
I believe you'll be very happy with this combination as long as you don't intend to do high end gaming.....if you do then I would still get the VP201B and upgrade the card. This monitor is perfect.