Many new gaming monitors now support optional blur reduction such as LightBoost, ULMB, MOTION240, DyAC, and other brands.
Some gaming monitor manufacturers are better than others in doing Motion Blur Reduction on an LCD panel (without bad strobe-crosstalk double-image effects).
Here is a very good annotated diagram of how difficult it is to engineer high-quality strobe backlights and scanning backlights. This is a diagrammed frame of a high speed video of an LCD panel.
Geeks, engineers, and advanced users can also see Electronics Hacking: Creating a Strobe Backlight, to understand the science/physics of motion blur reduction via backlight strobing.