It may not be essential, but having duals is sure nice.
I like having the main Sonar screen on one, and my VSTs on the other.
It's not unusual here to have Sonar open on one, and Photoshop on the other when building posts with screenshots.
I spend a lot of time working with new users, and to that end, it's quite useful.
Viewing a tutorial video on one, and having Sonar or whatever program on the other is very cool.
I've grown so accustomed to having different stuff on both monitors, that I feel really crowded on just one.
I've had dual CRTs for a long time, and only recently upgraded one of them to a flatscreen.
The room is a lot cooler now