The PC mode is a RGB, chroma 444, 0-255 which is what PC's output by default.
TV's picture presets typically have a default of YUV or RGB, chroma 422, 16-235 for AV devices.
If your PC is set to RGB Limited or YUV output in NV control panel it should not be washed out if TV is on 16-236 (low/limited) and using a cinema/movie picture preset.
You also must remove the PC mode label on the HDMI to disable the PC mode as it will override whatever AV picture mode like cinema that you select.
As for the jagged look that is perhaps the lack of chroma 444 which will make PC desktop text harder to read, if your only using it for movie playback then it isnt usually a problem but if you are then you should seek a display that has a PC mode with chroma 444 support, look at
rtings reviews they mention it under the supported resolution section.