The U2711 has an extremely high resolution 2560x1440 panel - similar to the panel that's used in the Apple 27" iMac. Notice that we highlighted the word similar? That's because the two panels aren't identical; the glass might be the same, but there are definitely differences.
For one, Apple uses LED backlighting whereas the U2711 sticks with CCFL technology. But isn't CCFL worse? That depends on what you're after; the iMac 27 offers a 72% color gamut while the U2711 has a 102% color gamut (based on the CIE 1931 standard). Using RGB LEDs, it would be possible to get a similarly high color gamut, but our experience with RGB LEDs to date is that they cost more and consume more power than regular LEDs, so we can understand Dell's interest in sticking with the "older" technology. (We've only seen RGB LEDs in a few laptops so far, and as one example it's a $175 upgrade on the Dell Studio XPS 16 compared to a regular white LED display.)
Since this is a display rather than an all-in-one computer, there are plenty of other differences between the Apple and Dell LCDs. Dell includes just about every input you might want on the back of the LCD - DisplayPort, HDMI, two dual-link DVI connections (all with HDCP support, naturally); and just for good measure they toss in VGA, component, and composite video connections as well - not that we would recommend using those if you can avoid it, though the VGA connection is always good to have "just in case". Like most UltraSharp displays, you also get a couple USB ports on the back, two more on the side, and a handy flash memory reader.
Besides having a higher color gamut and different backlighting technology, Dell uses 12-bit internal color processing with the ability to output 10-bit color. That means you can get 1024 levels of grey instead of just 256, reducing the amount of banding present in certain situations. 24-bit vs. 30-bit color also means you get a color palette of 1.07 billion instead of 16.7 million, though we were unable confirm this in testing.