People won't accept another format. This was already posted and I'll reply the same way I did before:
If it is true that this format can handle higher resolutions and more capacity, HD Televisions don't. This means that even if they do release this format, Televisions won't be able to notice a difference. People won't adapt or accept a new format when it would offer the same thing they are already recieveing. Maybe in 10 years, but by then I'm pretty sure Blu-Ray will be handling more capacity and higher resolutions.