Your description is rather vague, and I'm a simple man. Can you lay out what you did more simply so I can understand?
You throw around that term resize like it's crystal clear, but I think you are conveniently leaving out the details.
You also realize that it's possible that by resizing something, destruction of information occurs? *ESPECIALLY* if it's an uneven multiple you are resizing to. So what exactly do you mean? You seem to describe three separate resizing events, right? What do you mean there, by how you resized it, then resized it back, then doubled in size? Whah?
Considering the LG I have is a wide gamut wg-led with proper electronics driving it, they are not nearly the same panel model--having the same panel maker means nothing. The cheap korean monitor I bought was this: http://www.ebay.com/itm/Perfect-Pix...3636?pt=Computer_Monitors&hash=item20cd816874
Now the Korean dude is selling it for an insane price! Back when I bought it, it cost around $400 which was too much given the shoddy quality. Here's a picture of it:
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Pure garbage and several forums are littered with similar pictures. Though to be fair, even Dell has some piss poor quality. This LG has by far been the best display I've ever owned.
Sorry, I'll try to make that post more straightforward.
http://www.leesaxon.com/forums/Anandtech-Upsampling.jpg
If you captured this image at 600x800, you would get the image on the left. If you captured this image at 300x400 and scaled it 2:1 (or "used 4 pixels to display 1" as you put it, which is the same thing), you would get the image on the right. The rest of the jargon was just explaining how I simulated this and why it was an accurate (not extra-degraded, as you'd theorized) representation of the 2:1 scaling process.