NTSC (Never the same colour, heheheh), is a slightly older standard. It's got higher refresh rate, as it's linked to the mains (in the US, you guys have 110V/60Hz, in Europe, we have 220V-240V/50Hz. BAck the, it was alot easier and cheaper than controlling refresh rate via circuitry, so it was just controlled by the AC mains), but a lower resolution (as you can see in that comparison image). I've never really noticed a difference, but then again, I hardly watch TV anyhow, especially when I'm out of the country, so I never really took notice as to the quality of the image on American SDTVs.
EDIT: Oh, and about finding out graphics card chip and version, that'll either require you to take the heatsink off the GPU for detailed information, or else, if you're looking for the simple stuff, sometimes even the Windows display manager gives enough information (mine shows me I have an ATi Radeon X1800 GTO, which is about as accurate as it needs to be)