That's ridiculous hyperbole. Never did I say that, so why would you? Of course resolution plays a role. But throwing tons of pixels into the frame is only half the story. Compression, compression, compression! When designing content for everyone, bitrate is more important. It's clear that 5mbps was Apple's target. Shoving 10 megabits down a 5 megabit pipe is only going to cause buffering problems, not-so-instant on demand movies and frustrated customers. If Jobs' emails are any indication, Apple sorely lacks Customer Service skills, so designing products that produce fewer tech support calls is always a good thing.
Of the two "HD" resolutions, 720p at 5mbps is superior in image quality to 1080p at 5mbps.
Care to add any other stupidity?