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mitsuhide said:
I say let there stay 2 competing formats until mid08 when the movies and players are cheap enough for mass market and then one of them dropout which will probably be HDDVD due to the studios backing Blu-ray and more movies being on Blu-ray.

It's actually a myth that Blu-ray has more studio support. As far as I know HD-DVD has the edge on studios backing it. There are great movies on both sides that wont see the transition until the format war is over. If you are into collecting movies right now, I'd go dual.