
The font that is actually provided is URW Nimbus Roman (A Times clone). An enhanced version is available with the TeX Gyre Termes font.

[Click on text example to enlarge] [PDF sample]
[LaTeX source of PDF sample]
\usepackage{mathptmx}
\usepackage[T1]{fontenc}
\normalfont
\itshape
\scshape
\bfseries
Times is available as Type 1.
http://www.ctan.org/tex-archive/fonts/psfonts/psnfss-source/