The specs on that "UHDV" are enough to make my head spin.... 7680x4320??!! The audio as well; 24 channels total seems nothing short of insane. It does, however, look like content of this quality will be limited by file storage systems.... it'll be a long way to 3.5 Terabyte disks!

I agree technology is increasing at a overwhelming rate.
Just a month ago intel released its quad-core CPU even when there still is a huge hype for dual core cpu.

1080p? im sure a vast majority of people still dont have
480p tv's.

The real problem with 1080p is that there isn't a TV company broadcasting it anywhere.....or even with the equipment to broadcast it.

It takes a vast 'bit-rate'/bandwidth to do and there's absolutely zero sign of anyone introducing it outside of small individual experiments like this.

You only need to look at Sky HD TV in the UK.

Often it's low bit-rate or upscalled SD TV which looks little better than good 'ordinary' SD TV.

Whilst the BBC's HD TV is often broadcast at a much higher bit-rate and looks enormously better.

It's always interesting to see what's happening on the leading edge but 720p/1080i is 'it' as far as broadcast/cable TV goes for a long long time to come - and 1080p will only be seen in high def DVD or in computer games
(and on PC's 1080p stopped being such a big deal ages ago).