I have done some reading on the TI web site regarding driving a 24 bit (RGB888) LCD panel with a 16 bit (RGB565) input. There are two ways to do it.....
"There are two ways to interface RGB565 to RGB888.
1. Connect the RGB888 unused LSB's (B - D0, D1, D2, G - D8, D9, R - D16, D17, D18) to GND. In this configuration, the mentioned portions are always black in pixels.
2. Connect the RGB888 unused LSB's to MSB's (B - D0 to D5, D1 to D6, D2 to D7, G - D8 to D14, D9 to D15, R - D16 to D21, D17 to D22, D18 to D23). In this configuration, the mentioned LSB portion replicates the color of MSB to which it is connected."