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Q: What is meant by the term Deep Color and why is it important?
Deep Color lets HDTVs and other displays go from millions of colors to billions of colors allowing consumers to enjoy unprecedented vividness and accuracy of color on their displays. Deep Color eliminates on-screen color banding, for smooth tonal transitions and subtle gradations between colors. It enables increased contrast ratio, and can represent many times more shades of gray between black and white.
Q: What is xvYCC?
HDMI 1.3 adopts use of the IEC 61966-2-4 color standard, commonly called xvYCC (shorthand for Extended YCC Colorimetry for Video Applications). This new standard can support 1.8 times as many colors as existing HDTV signals. xvYCC lets HDTVs display colors more accurately, enabling displays with more natural, vivid colors .
Q: What is the difference between Deep Color and xvYCC?
Deep Color increases the number of available colors within the boundaries defined by the RGB or YCbCr color space, while xvYCC expands the available range (limits) to allow the display of colors that meet and exceed what human eyes can recognize.
I'm surmising then that 1billion colors on the Hitachi Display means that it will allow the display of 1 billion colors within the existing RGB gamut. This answers my question then. I was wondering whether the color gamut was increased and it appears that it is not.