Ralph,
Thanks for the response, you are quite a trooper on this forum!
I had my quicktime speed set for Cable (1Mbps) since that is what I have. On your suggestion I upped it to 1.5Mbps and in the video preview window it looks like the audio response from the mic is a little more 'snappy'. I will need to connect with someone to determine if this has really occurred though and I'll get back to you. Hopefully I made it clear before, but I am experiencing this delay in response even when I am not connected to anyone (just using the preview window in iChat), its almost like there is a delay in the mic picking up sound. I'd be surprised if changing the quicktime bandwidth helped, but I have to confess it does look better, so I have to give you credit.
Even though this monitor is a Dell, I really want it to work as I have been looking for an integrated solution for the Mac Pro for some time and Apple just doesn't appear to be coming out with it. The video is great, but the echo is very annoying. Hopefully if the delay is eliminated then the iChat software will do a better job of filtering out the echo. I'm not sure if I mentioned it in the first post but the echo only appears on the other end of the iChat, everything on my end is perfect, no echo at all. However, the only new component in the mix from previous iChats is my new Dell monitor.
Thanks again for your help, I'll post back if this works.
Mark