That was actually a pretty interesting read. I'm glad I didn't run out and buy a 1080p TV. Even in movies, there isn't a huge difference between 720p and 1080p on comparable monitors. Its good, but its not a thousand dollars more good. For comparisons sake, lets just look at what a high end PC can do with Oblivion.
System Setup: Intel Core 2 X6800 ($975), Intel 975XBX2 ($200), eVGA 680i SLI ($200), 2GB Corsair Dominator CM2X1024 Memory (1GB x 2) ($200), 160GB Seagate 7200.7 SATA Hard Disk Drive ($165), Windows XP SP2, GeForce 8800 GTS 640MB. ($400)
30FPS 2048x1536, 4xAA/16xAF
And the same system, but with GeForce 8800 Ultra SLi'd (768MB x 2) ($700 x 2)
61 FPS 2048x1536, 4xAA/16xAF
Article can be found here.I know the resolution is a bit more than 1080p, but its compareable, and you could expect a slight increase in avg. FPS at true 1080p. So, by my calculations, Sony is claiming the performance to be equal to a $3,000 gaming PC. It doesn't even really compare to the $1,800 PC because Oblivion only runs at 720p. Is a few extra pixels really worth thousands of dollars? Nope. And since the PS3 can't do it, I have absolutely no reason to go 1080p. This report just saved me some money.