Either way will make you Happy. Are the LCD the same size these days?

That is a personal preference. Mine is LCD in games that will fit them.

It’s ultimately a personal preference thing.

Both look good, but I personally prefer LED for a couple reasons.
All of my machines are set to round pixels so they look pretty much like the original, only colorized. If this is what you are planning on going with, go LED.
If you are planning on trying different pixel setting or setting some of them to display in solid colors, then go LCD. Hence you have slightly more options with LCD.

One drawback to LCD is that if you are viewing it from an angle (spectator view) it fades in color, and from too far of an angle looks black. It does not affect a head on view (I.E. the player).
LED does not have this and in my opinion looks better and more traditional.

I like the extra options LCD gives the game.

When I got a colordmd LCD with my IJ, I thought I would prefer the dots, but I actually liked the full graphics better.

If you're not sure which you might like, I'd say go with the LCD. If you played around with one and already know you prefer the dots mode, then go for the LED.

I have the LED and it looks great. No regrets.

I have the LCD in my gnr. It looks fantastic

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