Looks like the Blu Ray Disc of Om Shanti Om might be true .. 
Blu-Ray.Com (<< Link) lists it in their upcoming releases slated for Jan 22nd. Now this could just be copied info from Amazon.Com but it does state 1080p Video 

 Coming from Eros Entertainment as the first BR disc .. lets see what kind of mess they create 
 
 Quote:
Om Shanti Om (Blu-ray)
Eros Entertainment | 2007 | 162 mins | Rated PG-13 | Jan 22, 2008
Cover coming soon 	
	
Video
Video codec: TBA
Video resolution: 1080p
Aspect ratio: 2.35:1
Audio
TBA
Subtitles
TBA
Disc
TBA
	
Price
List price: $24.99
Price: $16.95
Save: $8.04 (32%)
Available for pre-order
Pre-order from Amazon
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Summary 	Review 	Features 	Box Cover 	Screenshots 	Comments 	News 	Forum 	
Om Shanti Om
This is the story of "Om" and "Shanti." His film started in 1977 and ended in 2007. He (Om) was a junior artist in the 70's. She (Shanti) was the superstar of the 70's. He was her biggest fan. She was his biggest inspiration. He was madly in love. She was ready to give up everything she had for love. He felt betrayed in life. She felt betrayed in love. And then... started the saga of 'Om Shanti Om'. For some love stories, one lifetime is not enough.