The growing consumer interest in video communication has increased the users' awareness in the visual quality of the delivered media. This in turn increases, at the service provider end, the need for intelligent methodologies of optimal techniques for adapting to varying network conditions. Recent studies show that constraints on the bandwidth of transmission media should not always be translated to an increase in compression ratio to lower the bitrate of the video. Instead, a suitable option for adaptive streaming is to scale down the video temporally or spatially before encoding to maintain a desirable level of perceptual quality, while the viewing resolution is constant. Most of the existing studies to examine these scenarios are either limited to low resolution videos or lack in provisioning of subjective assessment of quality. We present here the results of our campaign of subjective quality assessment experiments done on a range of spatial and temporal resolutions, up to VGA and 30 frames per second respectively, under a number of bitrate conditions. The analysis shows, among other things, that keeping the spatial resolution is perceptually preferred among the three parameters that have impact on the video quality, even in the case with high temporal activity.