All i know is in 1080i, xbox games, emu's, and movies look like shit on my 19" sony trinitron flat crt monitor, while 720p looks great.
720p (45kHz) has a considerably higher H. freq. then 1080i (33kHz), which is the exact same thing as what 540p would give......exactly half of 1080i. In fact, 1080i has about the same H. freq. as 480p (31kHz). On a computer monitor, 1080i's picture quality is comparible to to what 540p would be.