For what it's worth my screen measures over 1100:1 in contrast ratio, in contrast to the the 500:1 measured here. Calibrated and measured with the i1dispaly pro and the xrite software. Don't know if the differences are down to different methodologies or panel lottery, but sweclockers also tested over 1100:1 in their review.
Subjectively the screen calibrates well and looks very good after calibration, with photos appearing very similar to what they look like on my Eizo desktop screen. For this price I think it's great and a HUGE step up from the typical TN-panels you find in machines in this price range. I can't stress that enough.
Only con is some backlight bleeding on the right side of the screen, but it's not something you will notice in regular use, I mostly notice it on start up. I'm a photographer and bought this mostly because of the screen and the price. For what I use it for I have not been disappointed.
Quad-core midget. With the new Acer Aspire V5-122P, we get to test the first notebook with AMD\'s brandnew, energy-efficient A6 quad-core processor even before the official release. Here you can read how well the 11.6 inch midget with its IPS touchscreen does. But psst, everything is still top secret!