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Until there's another huge leap in standard resolution, I think 720p will be fine for gaming. I doubt 4K will be as quickly adopted as 1080p, as the benefits are only drastically noticeable when you're dealing with very large TVs.

(I also realize that there are people that can tell the difference between 1080p & 4K on smaller panels, but not everyone is a techie and won't be willing to shell out thousands for the latest display tech)