Been trying to find a thread like this for a while!
So, earlier in the year I switched to creating all my SD comps in square pixels (1050×576) instead of FHA (720×576 widescreen) in AE.
I should’ve really got permission from our Head editor, but it just made sense to me. HD outputs are square pixels, so really it’s just the smaller equivalent.
Plus, as others have said above, more pixels = more information. And, as someone else said, it only matters if the ouput display is expecting anamorphic pixels.
Basically, I’ve been trying to find a forum or something so I can share with our department and change our workflow to square pixels. Been looking for the ‘WHY’ reason, like the OP.