@surume: They basically kept the 480p resolution from the original source, instead of doing an upscale (like some old school anime being released in BD do). However, quality improved a lot. You can check the comparison between DVD and Bluray here: https://screenshotcomparison.com/comparison/25596
As for this 720p version, it is an upscale for those who would rather watch a larger resolution than sticking with the most pristine version. Regardless, I believe we managed to preserver the quality very well when doing this upscale.
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surume
LimeTsundereQueen (uploader)