while lcds are brighter, they dont have the same ability of crts to produce deep blacks.
LCD specs are all full of shit- pixel response and contrast ratio.
I'd say it's because of the fact that lcds are alot brighter than an avg crt and as some people here said, are calibrated at something other than what ati assumes the user has.
contrast is the DIFFERENCE between the darkest black and the most intense light, not brightness.
Repeat after me
http://www.anandtech.com/displays/showdoc.aspx?i=2428&p=5
Look at the contrast ratio found by "boy wonder"
The highest is 101, by the Samsung 915N, however the darkest black was recorded by the Samsung 193P.