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Why would I put stock in when you have an obvious bias. If it makes you feel any better, I don't trust anything Steve Jobs says about Blu-Ray either since he also has an obvious bias against with iTunes/AppleTV trying to compete against it.
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Blu-Ray is great for those classic movies with fantastic audio and video but we're on the precipice of 2010 and we still cannot deliver movies safely without a plastic disc/dongle?
It's not just about "safely" delivering movies. It's also about delivering them in a practical manner. I think the last statistic I saw showed a U.S. broadband adoption rate of about 60%. Do you really think the studios want to drop disc formats and in the process lose at least 40% of their potential customers. And the term broadband covers all sorts of speeds so even the 768kbps/1.5Mbps DSL speeds still qualify as broadband and at those speeds a downloaded movie could take days to download.
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I'm at the point where I realize that HDD space is becoming the least limiting factor to my media experience. With 2TB drives available soon it'll be only a scant few years before the typical enthusiast has an 8TB media collection.
Last time I checked, 1TB drives were averaging $100, so your 8TB system would currently cost around $800. And for all that money, what have you ended up with? Basically a bunch of empty shelves. For that much money, you could bury the axe and buy a Blu-Ray player and around 25 movies. Which seems like a better investment? But feel free to sit around and wait for those 2TB drives to come out and then wait even longer for them to be sold at affordable prices.
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Yes Blu-ray holds a lot of data but it's been shown (on HD DVD) that a movie can be delivered with fantastic sound and video at under 15GB of data. Once you strip out the unecessary soundtracks and other junk you have a movie that's pretty svelte.
And it's also been shown that trying to compress a movie into that small a space has required downgrading video and/or audio quality (for example, the inability to fit a lossless audio track on the Transformers HD DVD even using a 30GB disc). And it seems like most HD DVD's came on 30GB discs so I'm not really sure how much stock I put in your 15GB comment.










2.) "I prefer to buy my DVDs online."? 

It's not perfect but for the most part I'm very happy with it - so much so that I bought one for my brother for Christmas.