[quote name='lbanks21']i bet the next update will fix it. i heard alot of 360 users are complaining about this[/quote] People have been complaining about this for a long long time. I hope it is fixed soon, but I kinda doubt it.
Some monitors stretch the screen vertically, and some, like Zoglog said, will put black bars at the bottom and top of the screen. Stretching is somewhat noticable but I don't think that it bothers most people.