The 1920×1080 image is very nice and fairly crisp. The colors and contrast are a little faded compared to the more robust MBP screen, but not enough for it to be a complaint for me. However, if you are a graphic designer it might lack the color accuracy and contrast that you require. Reading on it is absolutely no problem though.
Amazon is listing this at the same price of $119.99 without the rebate if you'd like.