I think his point (please correct me where I've misunderstood Frank) was that 1080p is unnecessary given color depth compression, and that 720p60fps is in many ways better than 1080p24fps. The first point has some truth, but I think the difference between 720p and 1080p is quite obvious given good content and a big enough screen. The second point is true, but kind of irrelevant unless you actually have the option to choose between 720p60fps and 1080p24fps (for PC games you do, for Blu-rays you don't).
Frankly, I think Frank doesn't want to admit there's a compromise for the benefits of passive.
EDIT: And sorry for the above pun. How many lame "frankly Frank" jokes has Frank had to endure over the years?