So long as your monitors match, you're likely to get matching color. I use a Dell centre and HP sides, and after a bit of color tweaking, I was able to get the colors VERY close. The flicker issue seems fairly random. Some get it all teh time, some, sometimes, some not at all.
That monitor stand is awesome, but that display you linked to does NOT support VESA mounting. (the 4 screwholes in teh rear to accommodate mounting) Luckily, Dell is one of teh few companies that show their VESA compatability with ease, and they have many models that supports VESA. Most other display manufacturers do, but LG is very bad for not. Just somethign to watch for if you want any after-market mounting.
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