From memory, they said its *all* about a new firmware, existing DVD drives could read VMD discs after the patch.
Most of the technology relates to how the discs are made - and made cheaply. From a hardware perspective, I think a dual-layer DVD burner should do the trick.
This is a really, really interesting question. It would be awesome if the Wii (and the 360!!) could end up being firmware upgraded to read VMDs.
(I'm certain its the same laser - they explicitly say that).
Gesta Non Verba
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