I play FullHD on my Pi 2B v. 1.2 (not 1.1) and it works very well, only with H.264, not 265 (but I don't really need it at the moment and don’t see it as something you really need, if don’t need 4K).
Pi2 has hardware h.264 decoding. I know about the h.265 thing because of my own effort at using one as a Kodi box, which hit a wall when several videos were unwatchable (turned out, because they were h.265).
> but I don't really need it at the moment and don’t see it as something you really need, if don’t need 4K
h.265 provides identical quality at smaller file size—much, much smaller file size, for some content (animation) but it's still a fair improvement for most other cases.
> but I don't really need it at the moment and don’t see it as something you really need, if don’t need 4K
h.265 provides identical quality at smaller file size—much, much smaller file size, for some content (animation) but it's still a fair improvement for most other cases.