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That's not a monitor, it's a TV.
Set your resolution to 720x480.
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The font is blurry largely because it is a TV. If you want sharp fonts you need a monitor - they have far greater resolution even at much smaller sizes. That's why the Samsung 305T has resolution of 2560x1600 and is so much more expensive.
http://www.amazon.com/Samsung-305T-S...632614-6511018
However, now you've found the bit that forces the image into the screen area try increasing the resolution.
Since 720p is the vertical resolution, 1280x720 is what you should use IMO.
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