Harmy said:

VCD is a format, which was never really alive :D

It is one of the most successful home video formats in history. Do you agree that VCD is the bottom of the barrel? If so, explain how the GOUT can also be bottom of the barrel.

And I'm actually pretty sure that a really good PAL anamorphic DVD would be closer in quality to a BD than the GOUT would be to that DVD.

First of all, PAL loses points simply because you are stuck watching films in fast-forward; good for projects where you can fix the framerate, but not so good as an as-is release. In any event, a Blu-ray has 5 times the resolution of a PAL DVD. This makes it suitable to far larger screens than a PAL DVD, i.e., 1080p is good for typical movie theater size screens while PAL DVDs certainly aren't.

On the other hand, a 16:9 DVD containing an e.g., 2.35:1 movie only has a relatively small increase in resolution in the picture area, about 25% more than a 4:3 DVD containing a movie in the same aspect ratio (and this extra resolution is only in the vertical), which is a far cry from Blu-ray having 500% more resolution than a PAL DVD. Having 5 times the resolution trumps having slightly more vertical picture resolution plus less and/or better DNR.