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Kiran. This Projector is a "budget" version of the 1080ST. Some of us cannot afford to pony up the extra $200-300 to purchase the 1080p model. Others budget shoppers who are not videophiles may not even care to disern differences in quality between 720p and 1080p as long as it produces a satisfactory image. Today's 720 projectors have significantly upgraded their image quality and 3D performance to levels greater than satifactory. I can attest to that with one of my projectors being an older OPTOMA HD66. Im a video/audiophile. I make concessions for quality and limited features when in using my 720p projector having knowlege of the full capabilities available in my theater room projector; the 1080p OPToma HD33. But for usage in a spare family room, the performamance of the HD66 model is pretty damn good! No complaints.