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"Ironically, although Blu-ray has been declared the winner, it is right now about the worst time to invest in a standalone Blu-ray player, because of the high prices and looming obsolescence"

 Everyone remember single speed CD-ROMs and single speed DVD players?  They were expensive and a lot of them weren't made well.  There is no way I'd even consider getting anything Bluray until the price goes down and the speed goes up. 

I like the PS3, but it is hard to believe that they won't update bluray drives in future years models.