@kaznelson: For eips's purposes, yes (same build as on most other newish FW 5.x devices, eips for some strange reason appears to rely on the virtual xres, cf. eips -i or fbgrab -v).
Note that given the size of a character block, and the size of the screen, that only squeezes in one single extra column, and one that'll be cut-off by the right edge of the screen at that (something that might be more noticeable than on other devices, because of the much bigger blocks for such a small screen than on previous 600x800 devices, which used much smaller eips blocks).
I don't care enough about this to make sure every single eips print in my scripts fits into 37 columns, so some messages will most definitely get cut-off on this device. But at least now they're actually shown, instead of trying to print them way off-screen

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One solution would be to refactor the whole thing to split things over multiple lines when a string exceeds the column length, but, again, meh.

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For everyone else, the actual usable screen estate is of course 600x800.