Great article!
I feel pretty much the same way in respect to when the consumer market will adopt HD formats but add 2 more years, say closer to 2008-2009.
Re: In order to take advantage of HD players, you need HD Displays. CRT TVs can easily last 5-7 yrs so the Joe SixPack that goes and and buys one today (CRT TV), installs it, and even if it only last 4 years, we're looking at 2009 before his next unit purchase which will obviously be an HD capable unit...
Myself, I did the stupid thing of buying an ext. warranty with my 32" inch TV so the wife definitely won't let me upg. to an HDTV till after the warranty expires in another 2 yrs...in 2 yrs+a day I have a feeling my TV will have a little 'accident'...
Hopefully by then the HD DVD / Blue-Ray format will be sorted out.
Another point I would like to make. Is there some kind of internet petition we can sign to let Hollywood know where to shove their DRM (digital rights mgmt.) B***sh1T? I don't like the ideal of not being able to make backups of my DVDs/CDs.