Yes, if someone could produce a DLL that both resized and repositioned per resolution(ala ele's code with my "Y" modification for quirky modes) and filtered it appropriately, that would be one of the all time great contributions. The actual resizing/repositioning code should be simple(just look how simple that c-script is), however I'm sure the filter is quite another story.
There actually is a FILTER flag for panels, however I doubt it is as good as what PS or other programs of this nature use.
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The panel's fonts and images will be filtered by 'blurring' single pixels. This won't look good for small fonts, but can improve the look of huge fonts or scaled images.
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I like in pro games that the panels are smaller in higher res. It makes you feel good that you have a high res monitor
I don't think it should make you feel good, I think it should make you feel bitterness because the creators of whichever games you play that do this for not creating resolution dependent art. When your eyesight starts to go, you'll appreciate it more. 
I chalk it up to laziness.
