numonex on 27 December 2009
Did some research. Very interesting, essential reading:
http://reviews.cnet.com/720p-vs-1080p-hdtv/
Basically, 720p is probably the best choice for any screen 50 inches and under.
Tv is broadcast in 720p.
Consoles are 720p.
Blu-Ray is 1080p, but the difference is minor.