1. A method for performing motion compensated interpolation using a previous frame and a current frame of a displayable output, the method comprising: determining full frame occlusion areas of the displayable output by locating full frame conceal areas where pixels of the previous frame have no match in the current frame and full frame reveal areas where pixels of the current frame have no match in the previous frame; determining intermediate frame occlusion areas of an interpolated frame of the displayable output by locating intermediate frame conceal areas based on projected locations of pixels within the full frame conceal areas using forward motion vectors and information about a time slot for the interpolated frame, and by locating intermediate frame reveal areas based on projected locations of pixels within the full frame reveal areas using backward motion vectors and information about the time slot for the interpolated frame; for any pixels in the interpolated frame to which there is neither a forward vector nor a backward vector projecting: including the pixel in an intermediate frame conceal area if it is not located within the full frame reveal area; including the pixel in an intermediate frame reveal area if it is not located within the full frame conceal area; and using the intermediate frame conceal and reveal areas to interpolate values for pixels within an area of the interpolated frame.