Yes, the 480p option is there but it's terrible looking comparing to the NTSC version, it look the same as 480i. It's a probleme specific to TP PAL (and another early game if i remember correctly, maybe sonic and the secret rings).
Many people (myself included ) were pissed back in december 2006 when we had to run everywhere to find a component cable and PAL TP couldn't output true 480p.
I remember it made the front page of several sites back then with a lot of 480i/480p PAL/NTSC screen that showed the problem very well.
To resume, if i remember correctly, the TP situation is 480p NTSC >>>>>>480i NTSC = 480i PAL = 480p PAL (the tv does receive a progressive signal, but i believe it is simply the interlaced one with a crappy filter applied to it since it look the same as 480i).
Many people (myself included ) were pissed back in december 2006 when we had to run everywhere to find a component cable and PAL TP couldn't output true 480p.
I remember it made the front page of several sites back then with a lot of 480i/480p PAL/NTSC screen that showed the problem very well.
To resume, if i remember correctly, the TP situation is 480p NTSC >>>>>>480i NTSC = 480i PAL = 480p PAL (the tv does receive a progressive signal, but i believe it is simply the interlaced one with a crappy filter applied to it since it look the same as 480i).