I've seen the "light"....
Part of the problem with any high definition disk format is that you're still constrained by the fact that HD televisions are a balkanised market. Will the television take in 480p, 720p, 1080i, 1080p? What format will the player output? What version will the disk be encoded in? Which one will do the conversion, and will it do it optimally, or crappily?
I have way more faith that a downloaded video that's non-interlaced will play as well as possible right on my computer screen.
I finally have to report that I think there's a winner and a looser:
Winner: The large corporations!!!
Looser: The consumer!
I went out last night to shop around for stuff and in preparation for the holidays, dealers are putting up high-def displays.
There's a lot of ranting and raving on how bad Bluray looks, but last night I saw it in all its stunning glory: A Panasonic Bluray player ($1200) on a Pioneer Elite LCD Display ($8,000) with a VC-1 encoded movie. Wicked expensive. But, I saw HD discs for the first time on a display that can handle it (1920x1080 in 1080p). I guess you can get more inexpensive 1920x1080 displays (around $2000).
But, the popular thing to buy now is the 1024x768 displays. I actually saw in a store 2 Samsung LCD displays, one 720p, the other 1080p, and with a 1080i signal (Discovery HD Channel), the 720p is "grainy".
Then, when someone hooks up a HD-DVD or Bluray to it, they get crap.... now they learn they have to go out and buy a better display. Then there's this whole HDMI thing (like my projector has component inputs).
The large corporations are laughing to the bank...
I think the future will be in DVD quality still delivered in DVD format for those who like to collect, and downloadable for those who want to play movies on an iPod/iTV/computer....