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That's ridiculous.

Even if the Wii can support games with 720p...

A) That isn't something Nintendo would publicly announce during a speech, or even an online announcement...they won't announce it's capable of it until they make a 720p game themselves...aka, long time from now...
and
B) This is GDC, and for Nintendo, that means talking about their development philosophy, with a hint of number gloating and I-told-you-so blue ocean strategy talk.

GDC is not the megaton event for Nintendo, they only started re-attending last year after skipping out during the GC's life.



LEFT4DEAD411.COM
Bet with disolitude: Left4Dead will have a higher Metacritic rating than Project Origin, 3 months after the second game's release.  (hasn't been 3 months but it looks like I won :-p )