"True HD" is a moniker often assigned to 1080p, it's not to say it's exclusively HD. Sony have also referred to it as being "Beyond HD", so it's quite clear that they recognise 720p also as HD.
As for PS3 games, it was expected. 1080p is its maximum output capability, not a minimum rendering resolution for games. All games' resolutions will be scaleable up to 1080p anyway.
The Chromebooks are here, starting with Samsung's Series 5, a cute little number that promises instant-on access, 3G connectivity, and long enough battery life to web surf with the best of 'em.
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"True HD" is a moniker often assigned to 1080p, it's not to say it's exclusively HD. Sony have also referred to it as being "Beyond HD", so it's quite clear that they recognise 720p also as HD.
As for PS3 games, it was expected. 1080p is its maximum output capability, not a minimum rendering resolution for games. All games' resolutions will be scaleable up to 1080p anyway.