Time to start a new movie collection, here comes blu-ray

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Blu-ray is anticipated to become the new standard for media, especially with the emergence of HD-DVD as a competitor. The expected launch of HD-DVD players, priced around $1,000, suggests a simultaneous market introduction. Blu-ray offers superior picture quality, but users will need an HD television to fully benefit from its high-definition capabilities. The transition to Blu-ray poses challenges for collectors, as many may need to repurchase their existing DVD collections in the new format. However, Blu-ray's strong backing from 11 major companies indicates it is likely to dominate the market over HD-DVD.
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So does anyone know around when blu-ray will become the new standard for media? Also how much of a difference will the quality be?
 
Computer science news on Phys.org
http://www.blu-ray.com/

I've heard of it's competitor HD-dvd coming out next year. With the HD-dvd player selling for about $1,000. I can only speculate that it will be at the same time.

Quality wise, from the articles I've read the picture quality will be better but you'll have to get an HD tv to fully take advantage of the high def capabilities.

This is also unfortunate for moviephiles such as me, I've accumulated an estimated 100+ dvd's so far which means that I may have to buy the same 100 movies in HD-dvd or Blu- ray format which I won't be doing
 
I don't think blu-ray will have any trouble with competition, it has like 11 big name companies backing it up.
 

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