Nothing solid state can beat a real vector display though.
The original Asteroids arcade game is a perfect example of this. Anyone who has only ever played it on an emulator doesn't know what they're missing, a CRT is the only display technology with the dynamic range to display the shots the ships fire, they're blinding.
My PC monitor claims some absolutely absurd contrast ratio like 80,000,000:1 however the old CRT it replaced absolutely blew it away in that area despite far worse specs on paper. The LCD won due to the larger screen and less space taken up though.