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HappySqurriel said: The comparison wasn't "UMD failed so Blu-Ray will fail" but was more about the initial optimism of a format (in particular a format attached to a gaming console) can be delusional. Many PSP owners probably bought a handful of UMD movies when their PSP was reasonably new because they wanted to try it out; as time went on the novelty of a new format wore off ... The same thing will happen to Blu-Ray and people will not buy movies like The Benchwarmers simply because they have a PS3 which happens to play Blu-Ray movies. (Basically they will be waiting for movies they actually want to own to come out) ... This will lower the dominance of sales that Blu-Ray currently has and sales will become more based on the "Quality" of the movies that are released for a format ...
Like staticneuron said, of course UMD was going to fail, it was inferior. I looked at the specs and never wanted one. The big difference is that UMD was only for the PSP, whereas blu-ray players are available as stand-alone players and computer drives.