Blu-ray == Betamax v2?...
Gamers, as fanatical as they are about their craft, have only so much money to spend and their pockets may well be empty by the time the high-priced PS3 becomes available in March-April. No doubt, the first batch of PS3 consoles will go out door quickly but it's the subsequent sales that matter.
Looking at it things from a high definition video player perspective, HD DVD already had a huge price advantage over Sony's Blu-ray. The PS3 was going to be a way to narrow the gap. However, that is not going to happen for at least six months now. Meanwhile, in addition to the relatively cheap HD DVD players already on the market, Microsoft will bring out a US$200 plug-in box for the millions of Xbox 360 consoles.
In addition, Toshiba just yesterday announced a new three-layer disc technology that will enable HD DVD discs to play on ordinary DVD players.