I (and other doctors) have been doing it for patients with contact lenses for decades and with LASIK for the last several years.
Monovision is not necessarily for everyone, but if it works for you it's a great solution for eliminating or at least dramatically reducing you dependence on glasses.
LASIK worked out great for me. I went with monovision. My left eye is for close up and the right for distance. The doc set the distance for the left for computer use.
The only time I need glasses is for close up precision work. Off the shelf reading glasses work fine.
LASIK has been around for a while. The latest improvements have been with the before surgery measurements. As I remember it was called wavefront but I could be wrong.
All the pre op and post op takes more time than the actual surgery. It's like ten minutes in and out. It was flat amazing when I woke up the next day and could see stuff that had been fuzzy crystal clear.