I got Indy MK2 in november 2012. My LCD ASUS MK241H 24" 1920x1200 monitor works well with Indy through VGA, DVI and HDMI as well. I tried all legacy modes (PAL, NTSC, DBLxxx, Multiscan, euro72 work well, Euro36 and Super72 doesnt work). HighGFX and XTreme work very well. It only needs a tool to adjust position and pic size and it will be perfect.
I believe in this product and hope that Jens will release the tool soon.