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Whats the resolution of the Panoramic image?

I've tried adding a pano wallpaper and it does't move as well as yours does in the video.
 
I had to set mine via Settings > Brightness and Wallpaper for it to pan properly. It didn't seem to work so well from the Photos app. Quite impressive now.
 
uses battery like a ***** though. Or maybe it's just my phone.

My battery was draining really fast with Dynamic wallpaper, so I switched to regular wallpaper and its decent now.

Is the panorama not taking up the entire height of the screen for anyone else?

If I use an image that I took as a panoramic it does take up the entire screen, but if I use an image that I found online, it does not.
 
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