I have done various tests with this piece of s*it, and i wouldn't recommend it to anyone and i agree with alexh, better option with less money.
Yes, you can use that, it does work with monitors, but the quality is even less than you get with A520 on old TV, i wrote an article at Amibay about it, some time ago, with screenshots. If you get it free or let's say for 5€ (max price for that and still it's a robbery
and you are not picky about colors, then maybe.
