While that's true, it glosses over the battle to make DVDs convenient. Hollywood did not want them to be convenient, they wanted them region-locked and unrippable, and spent a fortune prosecuting anyone who thought otherwise:
I recently started collecting Blu-ray because of thrift and second hand stores. In a few cases, I was able to purchase some of my all time favorite movies unopened in the original retail packaging for a dollar. Not to mention my local library has a larger Blu-ray selection than my local video rental place did before they closed.
On a small display that I usually want to watch digital movies on, it's fine. 720p is the minimum for anything I actually want to watch/enjoy watching. Like I said, a lot of stuff I have on DVD is stuff that is good to have that I'll probably never watch regularly
I like 4K UHD HDR Blu Rays very much and have a big TV to take advantage of them but I agree with gp that 480p is good enough in the sense that a good movie will still be enjoyable in 480p. And if you are engrossed in what you are watching you won't even notice the reduced detail. There are some DVDs with atrocious encode quality with a much lower effective resolution due to low bitrate (i.e. multiple full length flicks squeezed onto one DVD) or unfortunate processing (NTSC master -> PAL DVD release or the inverse is to be avoided) but that's thankfully rare.
Now, 480i is something I'd rather leave behind but even that is a lesser concern than the content of the film.