EVD, while quite clearly a standard, has as much value... or less... than a digital VHS recorder. Yeah, it can do HD, if you can find a movie that was actually made for it that way, and reviews seem to be non-existent on the actual HD quality of the machine. It seems to be more of a marketing point than an actual product feature that adds value for the customer.
To the original poster: No, it will not play HD-DVD or Blu-Ray Disc which look like they will emerge as the two most common HD formats here in the USA over the next year or two. The new formats are based on a blue laster technology so if you are buying a traditional DVD player with a red laser, there is no way it will read the new generation of HD disc standards.
As was said in the original response: "There are no "real HD DVDs" at this time unless you are referring to a windows media 9 HD movie or similar codec."
This clearly falls under the 'similar codec' category and should not be confused with the much hyped and (somewhat) anticipated release of the official HD-DVD or Blu-Ray Disc technologies. It may look great with EVD discs, but finding actual, official, movie titles for it may prove to be very difficult.
Actually... I just found this article, while a bit tough to read, does say that HVD is the correct format name and is even lower down the totem pole than the aforementioned EVD. Seems that China is trying to come up with some new standards for HD discs on their own due to the number of players being manufactured there and the royalties that they are forced to pay out because of that. Which might work if China actually produced all the content - the movies - that went onto these discs. But, they end up needing studios to release them, and WANT to release them on those discs.
http://www.opticaldisc-systems.com/JanFeb2005/HIGH-DEFINATIONONVIDEODISC/VIDEODISC38.htm
Seems like they have some good ideas, but no real game plan. New Codecs don't seem to me to be better than just giving more space on the discs in the first place and offerring numerous options. That's what HD-DVD & BD will be giving us.