The MHS-TS22 has an LCD display which is better than the AMOLED display found on most similar spec digital cameras that have been on the market for a comparable time to it. LCD is the most common display type used in digital cameras. LCD displays are relatively cheap to manufacture but their limitations lie in narrow viewing angles and the displays do not perform well in direct sunlight.
An LCD display is actually the worst display amongst all digital cameras that have been available for around the same time as the MHS-TS22.
Amongst similar types of camera the best display is AMOLED.