I think you are right and I spoke too soon. I tested the new driver with two projectors that previously didn't work, and today I got a high res mirroring image. Then I connected the Mac to a Samsung SmartTV and got again 640x480, which is disappointing. Not sure where the issue is. I had also two IT people helping me out and they are telling me that somewhere in the communications between the projector / TV and the Mac the resolution information is lost (called EDID).
That said, they were able to try a hack which worked for me.
1) Connect to an external projector
2) Select to project as Extend and not Duplicate
3) Go to the Nvidia Control Panel (right click on the desktop and the menu should show up)
4) Display > Select the Nvidia display
5) Click customize and create a new setting that is higher than the default 640x480
6) Save it and then try it out.
This trick doesn't resolve the issue if you speak from a podium, because you can't do a demo and look at the audience at the same time, but it enables you to at least project something high res from your new Mac.