You can do it if you like but you cannot be sure that the replaced one will not have any bleed/glow at all. Refurbished or new doesn't matter here. My monitor had excessive bleeding on one set of diagonal corners, I pressed for replacement and fair enough, they sent me a new one. It was worse so I asked for another replacement. They sent another new one and that too was equal to the second one in terms of the bleeding issue. I thanked the RMA guy and told him to take back both the new replacements. I originally planned to return the first but was told I wouldn't be given a refund and would instead receive a CN for the said amount; their policy. I decided to keep the original one and live with it. Sure enough, I got used to it with time. Monitor in question is an Asus PA238Q.