By saying that, the 2018 generation of ThinkPads finally includes excellent panels. If you get the new X1C or T480(s), you can choose a bright IPS panel with a good resolution. With the old ThinkPads, especially X220/X230 you just need to be VERY sure you DO NOT get the TN panels.
[0] https://www.ebay.com/itm/Lenovo-ThinkPad-X220-Laptop-Core-i7...
The display is vastly superior. Everything is more crisp, and it is brighter.
The X220 is still fast enough for Chrome / YouTube / Netflix without spinning up the fan. Running a high res external display is a bit too much though; the fan kicks in most of the time.
Personally I care more about ruggedness (my X220i is my travel computer) than color fidelity. Compared to my old Acer Chromebook 13's absolutely horrible TN panel, the one in the X220i is actually quite decent.
Still, from what I gather the IPS panels suck a bit more power than the TN panels (not a huge difference, though), and for my use (travel PC getting lugged all over the world in hand luggage) I'm primarily interested in ruggedness and battery life. I use it to browse and read email, with the occasional Youtube video, not for anything color critical. I would be much more interested in upgrading the mediocre built-in speakers, apparently you can use the speaker from a Nexus 6P for a nice boost in volume and quality.
I'd love to find one damn laptop that we know works well.