CEA turns down 1080p over component proposal

Wow, that was really quick. The CEA just turned down the proposal of adding 1080p to the component video spec. Apparently, television and movie industry suits were totally against the idea - big surprise. We're sorry if we got anyone's hopes but it doesn't look like there is going to officially be 1080p over component anytime soon. It sounds like there is a plan B however, but something tells us not to hold our breaths.