Which leads me to a simliar question...for web viewing, do we adjust for the masses? 

No. IMO you should calibrate for your use, I have seen my images on other peoples un calibrated monitors (scary) if you calibrate for the masses, well IMO you cant as there are simply too many variables, in my experience many un calibrated monitors are way to bright and images look washed out, to make them look right you would have a load of underexposed/too dark images.

I use both TFT and CRT both calibrated and profiled, and look visually identical on screen.

I agree with Rinz, TFT’s not being run on their native resolution look awful, also agree with Richard, web/print sharpening are two separate methods and should be treated as different media. If you used print sharpening for web use it would look way over sharpened on the flip side web sharpening for print would look soft.

Love my TFT for general viewing, but still believe the CRT (flat screen) is superior for any editing work.

Richard hit the nail square on the head, out of box TFT = not good, they must be properly calibrated and that is the main problem with the masses, they either don’t know any better or don’t have the know how/equipment to do it.

Conduct a little survey, next time you are round a friends house (someone that dosnt know about photography etc), look at their PC and ask them if they have calibrated their screen and wait for the blank expression on their face.

They wouldn’t have made the cane if you weren’t meant to break the rules