My Phillips SBC HL145 is pretty good too. Very clear and superb bass response. Really like them... Just that they're bulky, being headband headphones. I bought them at Courts during a sale, for $12.90. Really nice price.
I'm not familiar with the term 'monitoring headphones' other than the fact that sound engineers use them, but I'm not a sound engineer, so yeah... If you're looking for a pair of good headphones, however, then I'd recommend this.