<font color='#736AFF'>I think it'd be a disaster. Another "choice" is most decidely what we don't need, especially if the only motivation is to allow piracy and bag some royalties in the process.
What need would this product fill that isn't being filled already? Would the picture or sound be better? If not, what motivation would I have for buying yet another player? And why would Hollywood want to support it? Hollywood would certainly be very wary of it (as they were with DVD) until it was proven to possess some heavy duty encryption, something China is legendarily lax about.
When DIVX came out for its brief "me-too" grab at the cash, it probably slowed DVD market penetration by a couple years at least. DVD is too established now to be much threatened by this, IMO, at least in America.
Would retailers want to make shelf space to return to the bad old days of double inventory? Yeah, they love triple inventory-ing SACD,DVD-A & CD...
And what about SACD & DVD-A? Both hindered by copyright concerns and lack of compatibity between the two, besides the fact that they split an already small niche market of people passionate about good sound.
If it doesn't significantly improve on DVD performance, what's the point?
Besides, once Blu-Ray hits the shores of the USA, it'll be moot eventually.
Again, just my opinion.</font>