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For a moment there, I wondered if #1 could be "off" due to different maximum video bitrates (48 Mbps for Blu-ray vs. 30 Mbps for HD DVD). But apparently, the standard bitrate is 20 Mbps for MPEG-2 and 13 Mbps for H.264 or VC-1. Not even close to the maximum for HD DVD.

For those wondering if they can fit the extended editions of the LOTR movies onto single discs, they can. A 30 GB two-layer HD DVD can hold 5.1 hours of video at 13 Mbps.