How to repair dead pixels

Many mac users are using LCD displays featuring one or more dead pixel, and they quickly realize how annoying it can be. At the end, one can only see the dead pixel, and not the 99.99% remaining healthy ones. In addition many LCD manufacturers or resellers refuse to exchange the LCD panel if a minimal number of dead pixels is not reached.
Thanks to this video that is displaying primary color on your LCD display; many users have been able to resurrect dead pixels, from iBook screen to PSP display.
So if you are facing a similar problem, it does not cost you anything to try it out.