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Originally Posted by
ogbuehi 
What exactly can I do with this disc without any specialized calibration equipment?
You can set brightness, contrast, and sharpness correctly on your display. You can evaluate the deinterlacer in your display and compare to the deinterlacing built into the software on the laptop (if the laptop offers an interlaced output format). You can find out what output options produce the best picture. Will using VGA work better in some respects than HDMI? With this disc you can find out.
You can evaluate a whole lot of specific quality measurements for each different option you have. If the video driver gives you the option to output 4:2:2 or 4:4:4 or RGB from the laptop over HDMI, which one gives you the best results? With this disc you can find out.
What happens when you turn on or off different display options? With this disc you can find out.
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Also does it make a big difference if I play the disc from a laptop vs. a dedicated BR player?
No, not really. You'll have some options that a dedicated player wouldn't have, and will be missing some options that a dedicated player would have. And if you want to borrow a player and see if the picture is any better than what you're getting from your laptop, this disc will be useful in figuring that out.
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I'm assuming I wouldn't be able to adjust the laptop screen itself since the BR would be playing while I would try to make video adjustments.
Most laptop screens don't really have the controls you'd need to adjust things like brightness and contrast. Typically the "brightness" control on a laptop just changes the backlight brightness, which is a completely different thing than the video "brightness" control.
But if there are different options in your player software, you can certainly use the disc to see what (if any) difference they make. You might need to change the setting, then restart playback, but that's OK.