If you don't like the text to be so small, just adjust the resolution! I had my DPI set at 120 for a while (native resolution), but noticed the same problems listed above: the letters would be missing the bottom halves, text would be hard to read, etc.
SO... when I game, I prefer the higher resolution (1680x1050), but otherwise while doing my school work, etc, I just change it to 1200X800 (wxga settings) and work with it from there. I don't notice any loss in looks, though I admit that the TruBrite screen on the Toshiba Satellite that my wife has is amazing to look at compared to this notebook. I admit that if I could swap out this higher resolution for a reflective screen (even if it was lower resolution) I would probably do it... for the better looks and colors.
But I'm still very happy with it, and the fact that the screen isn't quite as colorful/sharp as my old notebook keeps my wife from disliking the hand-me-down notebook that I gave her, when her photos (she does professional quality photo work) come out looking so good on hers, compared to mine. (of course, hers gets 680 in 3dmark03)
Oh, and I'd never go back to regular screens, when widescreens have so much more to offer. XGA might be better compatible with SOME things, but in the long run, it's not nearly as good as WXGA.
Well, nuff said on my part.