My LC browns BEAUtifully--better than anything else--one big reason that I love it so much. Will also point out that while the Lodge may be a "Dutch" oven, the LC is a "French" oven--and is actually called that in its listing.
ANDYM: Yes the LeCreuset does a great job of browning, however, my family loves my Osso Buco and when I make it I have to make a huge batch and have to brown the shanks in separate batches. If I brown too many shanks in the LeC it stains the bottom and is hard to remove. I use my LeC for browning small (normal size) batches of meats and poultry but for large batches I use the Farberware stainless skillet then transfer to the LeC. Awesome!!!