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Teddy said:

We call 720p HD ready, it isn't popular with those that have  educated themselves, wit TV but they tend to be able to sell them to those who don't understand the 1080p standard. I guess it may be different in your country USA but UK the SD format is PAL 576i for UK old TV standard, 480 NTSC was never a good standard and a little bit of a joke here as Never (Twice) the Same Colours. If you or other want to be sold a 720p TV then you are being sold a sub HD standard in many people's eyes over in the UK.

1024 x 768 is XGA as you said not HD.

Back when HDTV's were new, 720p televisions were quite cheap, so I can definitely see why marketing advertised it as "HD Ready." Most people don't buy anything less than 1080p these days, but HD was still applied to televisions which displayed in 720p. As for XGA and WXGA, many "HD" plasma televisions used these resolutions. I honestly don't care if a resolution is called HD or not by people. It affects nothing. Like I said, these screens have 16 times the pixels of the original DS.