Surly you get his point though. Personally I'm tired of rebuying films or media on different formats just to get the same content at a better quality, starting on VHS, then LazerDisc, then VCD, then DVD, now again at BlueRay or Digital 720p and 1080p. Now were digital we should own the rights to non commercially play the content so the value continues as technology evolves. At least then it's not just throwing money away.
If you down grade the quality now to 720p, you will endup rebuying the same content again... and again....
In my opinion the new iPad is a dumb product. A massive resolution with a crap graphics capability and pathetic sized HD. Useless. Apple want you to buy so you can replace it with a new one 9 months from now "that will have 'better graphics'"
How about Apple start to create products that last...
Apologies for the rant off topic