yes it is true that it is 720p, It would be nice to get a 1080p setup. A decent 1080p projector is very $$$ expensive.

Keep in mind that im siting 10 feet away from the screen. I do like to chat with out having to look at a small 22in screen. Resolution is not a issue for me, the fact i can watch HD movies on a 84in screen, and then click a button and play world of warcraft; i'll take that over any setup that invloves a 2,000+ resolution moniter thats going to get chopy framrates (at least on the budget I would have for a videocard).

The setup is multi purpose.

My girlfriend can do her homework on the 22in screen, why i sit next to her and watch a movie. Win win