I have seen and used this phone live. PenTile is still noticeable, especially on clear, uniform color areas and I still wonder how they even thought about releasing it in the first place.
For me, PenTile is a deal breaker.
Also, remember that real pixel density is slightly lower, because each pixel has two subpixels instead of the three in RGB displays: http://www.anandtech.com/show/5000/galaxy-nexus-pentile-disc... (though I don't care as much about this).