This is why I just invested in an Oppo Upscale Player instead. -_-

There seems to have been several superior formats springing up amidst the Blu-ray/HD-DVD battle, but they all suffer from a primary problem:

No studio support.
Not many high-profile studios are willing to just drop their Blu-ray or HD-DVD lines just to start anew with this HD-VMD.
It would be a hell of a lot of money wasted with BD/HD-DVD, and I don't see many companies willing do that, especially with the interactive and privacy features that both Blu-ray and HD-DVD hold over this format (Although I could be wrong about the interactivity available with this VMD).

No format is going to win until everyone gets on the bandwagon. If some companies embrace the new format but not all, nothing will happen. I actually don't think companies are too excited by any new format. Neither are consumers.

Confirmed! 

man this is just dvd but with more then dual layer pretty much. still 5gb per layer like dvd so nothing special about it. All they did was add more layers.

Also atm its mpeg 2 :@... Screw it I want h264 support. 

Hell there are formats in formative development that can hold exabytes of information. With technologies like plasmonics, and organic discs constructed with microbes on the horizon storage capacity seems near limitless. That said we are fast approaching a point where storage capacity will essentially outstrip storage needs entirely. However once you enter the realm of terabytes and beyond you have reached the point where disc formats will disappear entirely. You will simply buy one disc and that will store your accumulated data for the span of your life. Unless your looking to store something like your entire genome, or predict the weather systems of the entire planet.

I would be cautious about this format however. The 360 drive is only $180. I have even seen a standalone for $190 granted a original machine however it shows the prices have room to go down dramatically. Well at the very least on the HD-DVD side of things. Curious what effect this might have on the Blu Ray players though. I think HD can get competitive fast enough. I am not so sure about the Blu Ray players though.

Too late to the party and I think I read that most of the major studios aren't supporting it.

It has a bit of support - but what's interesting is that it can be marketed as an "advanced DVD player" - so if someone heads out to buy a DVD player, they pick up this baby instead. It works if the price is close enough - at the moment, $149 doesn't quite cut it.

I read in the article that Mel Gibson's studio was supporting it... "Passion of the Christ" - killer app? ;)

(note - it says it will launch with 20 movies, and that it has a lot of support from Bollywood film studios - if it takes a foothold in India, it will be hard to dislodge...).

http://en.wikipedia.org/wiki/IBM_Millipede

http://www.geek.com/ibm-showcases-millipede-storage/

"The new approach takes advantage of the MEMS (or microelectricalmechanical systems) concept and can potentially fit over a terabit of information into one square inch of storage space, or 600,000 digital camera images/125 GB/25 DVDs on something the size of a postage stamp, in IBM’s words."

(note - article is now 3 years old...)

http://www.research.ibm.com/journal/rd/443/vettiger.html

("atomic force microscope (AFM)-based data storage concept called the “Millipede” that has a potentially ultrahigh density, terabit capacity, small form factor, and high data rate")

(note - article is 8 years old!)

...

Been around for a while, not sure how it is going. 

Definitely interesting...Now is it compatible with regular DVDs, meaning can it read standard DVDs? My guess is no but I dunno.

A cheap option for HD would be stellar however, it may be one of those things that does not get the recognition it deserves and hence falls off the face of the planet.