This coming from a relatively early adopter of dvd.
DVD was a no-brainer for movie buff like me.
Until I read this thread now, I wasn't aware there was a clear winner in the war when I guess 4-5 months ago it was all so undecided.
I'm still going to 'wait and see' for a long while yet. The first generation dvd releases were all pretty rubbish so I don't expect it to be any different for Blu-Ray. They need to get some titles out there that aren't just new releases. Titles I care about tend to be older films or "smaller" films and I'm betting they will need work and new transfers to bring them up to scratch to release in HD.
Besides I'll only get into the next format when they stop releasing this hideous standard packaging

No different than I suppose Warner Brothers' initial DVD packaging.
A question for you tech savy guys: In regards to 1080p/i and standard dvd's what hardware does the upconverting, the latest HD players or the latest HD displays/tvs? Or both?