+1
Even at 720P I can tell the difference on my 50" from about 10-12' away. I really became a believer in HDTV.
That's good for those who can, but they are the minority. Bluray picture quality is markedly better than dvd (usually), but the mainstream consumer is not as concerned as the enthusiasts.
I think the mainstream public will do more renting of Bluray disks (the studios want them to buy... alot, like they did with dvd. But unless they're buying for the children. I just don't see the excitement and fervor for owning Bluray like I saw for owning DVD's, at least not in the mainstream public. That boat has sailed.
Digital downloads will have a market with renters, but long-term ownership...I don't think so. Besides the DRM restrictions, what if everyone (content owners and manufacturers) can't decide on which format to use, what about storage for the files, what if the download company goes out of business and the biggest of all (at least for now) where will the bandwith come from for all of this downloading? Will the ISP's allow it. All of those questions have to be answered before downloading has a bright future with the mainstream public, otherwise it will be a niche market. If the past is an indicator, they'll screw it up. In order for "download to own movies" to take off, there will have to be fluid exchange with all approved hardware. The way it looks now, if you buy something from one distributor (itunes, Xbox Live, Playstation Store), they don't work with your other hardware. That will never go mainstream like dvd. It will be profitable! But it won't be as mainstream as dvd because the hardware and software don't work together.