Thanks for the detailed explaination Gary. I am starting to get a picture of what the power factor means.
I have one of those cheap consumer grade (and yes I know inaccurate) Energy Cost Meters and been trying it on different devices. But it still gives me a relative indicator between different appliances.
Current laptop has PF=60 (I assume this is %)
Old laptop has PF=80
Just put it on the clothes dryer PF=100 but its sucking up 8Amps