Thanks Casey. What was confusing me was that I wasn't doing anything special with the samples.
However, I have subsequently stumbled upon the solution. It appears as if it was Intel graphic driver related as trying it out on a machine with an nVidia card and all is gravy. At least one other has had similar experiences on the Interwebz as well -
http://stackoverflow.com/question...-call-glenablegl-framebuffer-srgb