By "no format wars", I think he meant that there's nothing to motivate them into lowering prices. That's exactly why I hated seeing HD DVDs go away. Competition is a good thing. It motivates to make hardware better, and keep prices down. Stopping HD DVDs was really stupid, IMHO.
Prices may come down after awhile. Players are less than half the price they were. You can always pickup used BD movies fairly cheap...........
Blu ray still has competition. DVDs, HD pay per views, rentals, downloads etc. This is a good time to look for dvds that you know won't ever make it to blu ray. Some great bargains to be found.
Look at far we've come. In the 1970's the FBI raided the home of Roddy McDowall and seized the actor's 16 mm films ,tape etc . Roddy loved movies but back then you couldn't own them in any way. Amazing. I remember VHS tapes costing around $90 when they first came out. Sid Sheinberg was on Nightline back in 1979 talking about how recording on a VCR was illegal.
Here is a video from nightline that will show you how far we've come. [ame="http://www.youtube.com/watch?v=HRj_Qz2J3Rs"]YouTube - ABC Nightline - on Legalities of Home Video,1981- pt 1 of 3![/ame]
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