I can't find any dead pixels on my display but that doesn't mean there isn't any. The backlight also bleeds but it isn't very bad and I'm not so sure if it isn't simply because I can't get the room totally black, if I look at it from a different angle, the 'bleeding' disappears, which suggest to me that it isn't really bleeding, but that the screen geometry may not be perfect (i.e. it isn't perfectly flat) and that the anti reflective coating sucks. My notebook has backlight bleed, and you can look at it from any angle and see it, this is of a somewhat different nature.
I'm satisfied, but not that impressed, I must say it makes menial tasks much more enjoyable as everything looks sharp and eye strains seems lesser, plus the illusion that you have a lot more screen real estate, but as for gaming, I don't think it is any better. pixel response is noticeable but not bothersome and color is adequate but incomparable to a crt still. I think it is just a fundamental limitation of lcds that they aren't that great at high motion video & colour range, despite what engineers try to do to work around it.