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I didn't care about DVD until most DVDs hit the $5-$10 range and the players were $50-$100.  I'll care about blu ray when it is able to meet these ranges.  I had about 15 DVDs before this (mainly gifts) and I now have a library of about 250.  I have watched 1080p at someone elses house and 1080 upconvert at my house.  I'm thrilled with upconverting.  HD looks great/ slightly better than upconvert.  But I won't pay my cable company $10 more a month for high def. 

I think this is the sticking point.  All the companies are claiming that the dual formats are holding back 1080p.  This just isn't the case.  DVD is holding back the HD formats.  It is 95% the quality with good upconverting and the DVDs are at least 50% cheaper and the players are closer to 800% cheaper.  If they want blu-ray to catch on they should kill DVD.  It worked for the TVs.  You can't find a non-hd tv anywhere anymore.