PWM dimming is used for anything below 100% brightness on the Philips BDM4065UC. It's a VERY common method for backlight dimming though and has been around for many years. have a read of this article which explains it a bit more:
http://www.tftcentral.co.uk/articles/pulse_width_modulation.htm
it's more of an issue on modern LED backlights than on older CCFL backlit screens as that article talks about, and explains. so more people find it problematic on modern screens than they used to. Dell have used PWM on many of their monitors, although quite a few more recent screens are PWM-free. you can see a list of known PWM-free models here:
http://www.tftcentral.co.uk/articles/flicker_free_database.htm
ps, didnt mean to alarm anyone, just reporting the facts and findings as i test them