2011 iPod touch: 960×720 Stills, 1280×720 HD Videos?

The new iPod touch that Apple just announced has an anemic image sensor that allows 960×720 for stills and 1280×720 for videos. Does that make sense? I would think if the sensor is capable of 1280×720 for videos that you’d be able to take 1280×720 stills.

Or maybe the videos aren’t 1280×720. Maybe they are actually 960×720 passed off as HD video. Does anyone know for sure?