You can also add higher resolutions if your video card supports it. To see what modes/resolutions your video card supports you need to install hwinfo from slackbuilds.org.
http://slackbuilds.org/repository/13.1/system/hwinfo/
After it is installed run it like this "hwinfo --vbe" and this will give you a list of all available modes for you video card, for example here is mine
02: None 00.0: 11001 VESA Framebuffer
[Created at bios.459]
Unique ID: rdCR.BfO5bYYtG87
Hardware Class: framebuffer
Model: "NVIDIA GF104 Board - 10410001"
Vendor: "NVIDIA Corporation"
Device: "GF104 Board - 10410001"
SubVendor: "NVIDIA"
SubDevice:
Revision: "Chip Rev"
Memory Size: 14 MB
Memory Range: 0xd5000000-0xd5dfffff (rw)
Mode 0x0300: 640x400 (+640), 8 bits
Mode 0x0301: 640x480 (+640), 8 bits
Mode 0x0303: 800x600 (+800), 8 bits
Mode 0x0305: 1024x768 (+1024), 8 bits
Mode 0x0307: 1280x1024 (+1280), 8 bits
Mode 0x030e: 320x200 (+640), 16 bits
Mode 0x030f: 320x200 (+1280), 24 bits
Mode 0x0311: 640x480 (+1280), 16 bits
Mode 0x0312: 640x480 (+2560), 24 bits
Mode 0x0314: 800x600 (+1600), 16 bits
Mode 0x0315: 800x600 (+3200), 24 bits
Mode 0x0317: 1024x768 (+2048), 16 bits
Mode 0x0318: 1024x768 (+4096), 24 bits
Mode 0x031a: 1280x1024 (+2560), 16 bits
Mode 0x031b: 1280x1024 (+5120), 24 bits
Mode 0x0330: 320x200 (+320), 8 bits
Mode 0x0331: 320x400 (+320), 8 bits
Mode 0x0332: 320x400 (+640), 16 bits
Mode 0x0333: 320x400 (+1280), 24 bits
Mode 0x0334: 320x240 (+320), 8 bits
Mode 0x0335: 320x240 (+640), 16 bits
Mode 0x0336: 320x240 (+1280), 24 bits
Mode 0x033d: 640x400 (+1280), 16 bits
Mode 0x033e: 640x400 (+2560), 24 bits
Mode 0x0345: 1600x1200 (+1600), 8 bits
Mode 0x0346: 1600x1200 (+3200), 16 bits
Mode 0x034a: 1600x1200 (+6400), 24 bits
Mode 0x0360: 1280x800 (+1280), 8 bits
Mode 0x0361: 1280x800 (+5120), 24 bits
Config Status: cfg=new, avail=yes, need=no, active=unknown
So If wanted to use 1600x1200 with 24 bits I would edit /etc/lilo.conf and change vga line to the mode I wanted
vga = 0x034a