Yes that is my favorite part of the apple tv as well, that it adjusts output to the source frames and resolution. As long as you have a good looking panel with nice color you'll never need to get rid of it. 1080 can really look gorgeous even with everything today being 4k
I was sad both to hear that Pioneer got out of the plasma TV business, and also to let go of mine. It was funny how Pioneer basically perfected the form then promptly exited--true to name I guess. Panasonic bought Pioneer's TV biz, so that was the upside.