Ok here ya go everyone it appears that blueray may win out in the high def area of dvd movies. however this will not be a for sure for at least a year. as two of the major hollywood labels that are sticking with HD are probably doing it for contract reasons.
I would also suggest anyone wanting to make the move to Blueray to hold off till at least the end of the year. They are currently running blueray 1.1 and expect to be at blueray 2.0 by the end of the year. This may not mean alot to those who are not tech savey however. This means less features. Like currently there is Picture in Picture blue ray disks out there, that allow you to watch the movie with some special features being played in the PIP window. However the first generation players are not capable of this. So i would suggest at least one more year wait to let some of the new players come out, and to also allow the prices to drop some.
If you really want HD or Blueray now i recomend spending the money on a PS3 tho so you can watch both movie types till the High Def war is over and one comes out on top. Also the PS3 is the only dual player available, and if you purchase a HD and a Blueray to cover your bases your looking at the same price as a PS3, and at least with the PS3 you can play games if you so chose, and if not your out no extra cash. this is one of the few times i would recomend buying one unit to do multiple things. Anyways there ya go, a bit of info on blueray. btw Warner Brothers has made the change to them so that increases bluerays foot hold currently in the High Def Movie market.