The test image is only valid when displayed "raw", i.e. without scaling (1:1 pixel to screen) and color adjustment, on the screen. It does, however, also serve to point out another widespread problem in software: many programs perform scaling in a color space with gamma, instead of a physically-correct linear space. In a sRGB color space with an approximate gamma of 2.2, the image should show a "2.2" result at 50% size, if the zooming is done linearly. Jonas Berlin has created a "your scaling software sucks/rules" image based on the same principle.