That it has.
In reading through the dialog, it appears that a couple of points got missed.
First, any "A vs B" comparison that's not done blind is, unfortunately, suspect: we can't tell if the claimed differences are true, or if they are because the viewer knows which one is which and is introducing a Placebo Effect.
Second, I think that there's a difference between the question of the human eyeball being able to resolve a 1080 vs 720 image (screen size X at distance Y of resolution Z), and the quality of an image at resolution Z ... ie, stuff like a "blurry" image that was introduced by data compression.
Of these two factors, however, I suspect that the Placebo Effect is more dominant here. I've done too much work on human research to know better than to pass over the obvious!
-hh