I have a 2CD2632F-I(S) and when i set resolution to 1920x1080P i get the same FOV (field-of-view) as on 4:3 resulting in stretched picture (wrong PAR pixel-aspect-ratio). I see the same 4:3 picture content squeezed into 16:9 frame.
I haven't found an option to get proper 16:9 output but...