I'd not bought into the HD-DVD vs Blu-Ray war. Not because I thought one standard was better than the other, but because over the last couple of years I've become more and more convinced that over the wire and over the air distribution are going to dominate.
In the US with Comcast and Verizon pushing speeds (12Mbps and 50Mbps are fairly common for Cable and Fiber respectively) and despite the grandstanding about net neutrality and p2p on-demand video is growing - you only have to look at Netflix, AppleTV and the Xbox Marketplace to see that.
Rather than jump on the Blu-Ray bandwagon with the demise of HD-DVD Microsoft are betting on downloads as the way forward. As long as the infrastructure continues to advance and the ISPs and record/music business don't spoil it for everyone I think it bodes for a great future...