Yes, that is what I was taught about 720p 59.94 D5 as well. But in another thread started by Jacob, (
2 sync issues)we discussed how PT now has a 59.94 timeline and that some editors in FCP are cutting on a 59.94 fps timeline.
I, myself, have no experience with either of these and can not figure out why one would work this way. I had never heard of it until this thread. I think this is some of the confusion I'm referring to. Mine and others.
I have spent more time than I should have trying to research this on the internet and there is so much conflicting info, it gets tiring.