Monkfish has a firm flesh texture and a sweet flavor - so much like a lobster tail that it is known as "poor man's lobster". The only edible portions are two "tenderloin shaped" pieces from the back (one from either side of the backbone). Yep, it's ugly as all get out, and I wouldn't want to run into one if I was diving, but they sure taste good!
Jenny - assuming that "Bulldog Country" means you live in Athens, GA ... a couple of places you might check (if the guys in the seafood counter at your local grocery store can't get it for you) .... Athens Seafood Company (706-549-3701) or Rainbow Seafood (706-316-3778). It appears that they are within about a block of each other on Baxter Street.
sattie - the best place I know to grab some monkfish near "wa-ta-OOOG-ah" (sorry - family joke) would be either Central Market on Hulen in FtW or WholeFoods in Arlington.
"It ain't what you don't know that gets you in trouble. It's what you know for sure that just ain't so." - Mark Twain