Looks to be a CRT to me. That's probably about $25K worth of equipment though all those carriages in that Xserve RAID could add a few thousand to the final price. Of course we don't know how much software there is in that set-up.
Can't really tell from that picture, but it really looks like one of the Sony HD monitors we have at work. It also looks like a digibeta deck in the rack, those are prolly going for 28k used now and actually the console prolly costs 4k
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it is great to look at and droooOOOOOoool at
having the rest of that stuff there is to show you all the cool stuff you could buy with the 49K you saved by getting FCP.