Just how good is the Nexus 4 screen?

I was lucky enough to place an order for the Nexus 4 and I have just one question. How good is the screen, especially in comparison to the iPhone 5's?

See the iPhone 5's screen has his amazing quality of making stuff look like it is floating on it. I especially love reading text on it. My Galaxy Nexus and Nexus S however both had that curved glass on it, causing the actual screen to be behind it. This annoyed me because finger prints were easier to see on it and it reflected light to easily.

For those that own or have played with a Nexus 4, just how good is the screen? Is it iPhone 5 quality? HTC One X?