BTW TDK and Maxell have both developed 200GB multi-layer Blu-Ray discs to be commercialized around 2009. IMO strange to compare Blu-Ray with Betamax, one of Betamax' weakpoints was storage capacity, this is not the case with regard to Blu-Ray. Also Blu-ray isn't Sony's format, it's the format of choice for most related leading consumer electronics companies.
@ QT
Most HD DVD movies require two layers as one layer won't fit the content. For Most Blu-Ray movies it's sufficient to be stored on just one layer. Note that dual layer production costs are higher, so in most cases Blu-Ray is cheaper.