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Meh, HD-VMD is better. Red laser, costs less, 30g single layer, could have $100 HD players now.

though, I agree that it would have been better for he PS3 to not have bluray, it is better for Sony that the ps3 has bluray. So, in reality it was a smarter long term business move.

 

Edit: Little off on storage

"a standard 4-layer VMD stores 20 GB which is comparable to a 1-layered HD DVD (15 GB) and 1-layer Blu-ray Disc (25 GB)." -- wikipedia