I sampled both for a week and here's what I concluded:
1 - Out of the box, Sammy is better in terms of color, truer white point and text sharpness. LG seems to have a higher contrast, hence the washed out look.
2- Once calibrated, they are almost identical, but the Samsung still displays text with more crispness.
3- Post calibration, LG's whites looked a bit dirty [ max brightness ] while Samsung's were milky white.
Off angle viewing was as expected from a non-IPS panel.
I kept the Samsung, but if you didn't compare both or your eyes are not very discriminating...you'll find the LG just fine, for the most part!