People complaining about "text being too small" on the SXGA+ screen need to learn to set their DPI appropriately (the native DPI for the T40 SXGA+ is 125). This makes properly written programs increase the size of all their graphical elements. Windows also allows you to use bigger icons (not all programs have those, but those that do look great) and you can tweak it to display small 16x16 icons without scaling so they don't look ugly. There are fonts in the stock installation that look much better than MS Sans Serif, which is the default font for many GUI elements. Also, enabling ClearType makes fonts look even better, with a possible drawback that when displaying small elements in small fonts (like two letters l next to each other) it bleeds onto neighbouring pixels, making the text look a bit dirty.
Another advantage of SXGA+ is free antialiasing in games
Personally, I love it when I can't see individual pixels on the screen (unless I look extremely closely, and my eyesight is not bad). That is how display devices should be.
Now, after some comparison and prolonged use, I must say that I'm not thrilled by this display's maximum viewing angle or the bleeding of the backlight which pulls black values up very high. Frankly, the colors (when viewing at over ten degrees off normal) and contrast range suck compared to Trinitron CRTs and even some desktop LCDs I've seen. But again, I don't think there is anything better on the notebook market, except possibly some new Fujitsu and Dell models which I personally have not seen.