When shooting 16:9 (squeeze) only part of the vertical pixels are used, then uprezzed in post. Same thing as shooting letterbox, cropping to 16:9 and uprezzing in post.
Maybe for TV there is not much uprezzin but for DVD (usually 16:9) there sure is.
Besides, to get true full DV resolution the native resolution of the sensor must be higher than the final output rez, thing too complicated to get into here. This is the reason HD and even HDV cameras have higher real Dv resolution after downrezzing than even the best SD only cameras.
Maybe for TV there is not much uprezzin but for DVD (usually 16:9) there sure is.
Besides, to get true full DV resolution the native resolution of the sensor must be higher than the final output rez, thing too complicated to get into here. This is the reason HD and even HDV cameras have higher real Dv resolution after downrezzing than even the best SD only cameras.