I disagree, Ian, I used to think that way until I decided to spring for an LCD after my Sony trinitron CRT died. I did so only after my friend, who runs a pro-photo lab, said they've switched to LCDs too.
My Samsung 173T LCD has a contrast ratio of 700:1 and once calibrated, is actually as good as my late Sony when it comes to colour reproduction. Another thing is that a good LCD is able to show you the digital noise much better than any CRT can.
So far, my photo prints have been as faithful as my Photoshop work, so LCDs have actually come into their own.