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Played_Out said:
All good points, but it is in the industry's best interests to make you re-buy all your favourite films, so they will ensure it achieves significant market penetration eventually.

When prices of BD are as low as DVD, why wouldn't everyone jump on board? I didn't get on the DVD bandwagon until they became as cheap as VHS.

Well, DVD's today are far cheaper than VHS ever was so it could take a very long time for Blu-Ray to become as inexpensive as DVD. On top of that people have to have the understanding that the quality of Blu-Ray is better and the equipment to see the difference. There is also a lot of benefits DVD has because of how common it is that will take years for Blu-Ray to match; people often ignore the value of being able to walk into your local videostore and being able to rent thousands of movies.

Basically, it just takes time for people to know/care about a new format and for it to offer the benefits people want. I personally think it is realistic to expect Blu-Ray to be a minor format until after 2011, and depending on how well downloads catch on it may not achieve the level of acceptance that DVD did.