@MattRix @jptesung: Thanks. Yes, it will be fixed in the next release.
Probably I'll add a new method on the director:
[director setContentScaleFactor:2]; // I will deprecate this method
BOOL success = [director enableRetinaDisplay]; // This method will be the official one to use.
if ( success ) {
// it means that it was able to set the iPhone4 in Retina Display.
// it will fail if it is called on the rest of the devices like iPad, iPhone3GS, etc...
}