On the mailing list he suggested displaying 160 bits for backwards compatibility with existing tools. The full 256 bits would be used internally (and displayed externally with the proper --flag)
0efaa. -> 2AdC..
Any phisher's wet dream is a URL displayed in a font where l and I look the same. For anything that routinely displays URLs, font matters a lot. And any website displaying git hashes is likely to be programming related and have some code-font (good monospace or similar) in it's repertoir.