Blu-Ray as a video medium is a lost cause, plain and simple. Sony bet the farm on a disc format that serves very little purpose currently, and will become even LESS significant in the future.
What is Blu-Ray? Its a physical optical disc that boasts 5x-25x the storage capacity of traditional DVD media. Its also incorporates a software standard for movies and video which support HDTV resolutions & slightly better sound quality than traditional DVD's. Perhaps more important to the movie studios, it supports DRM restrictions which help protect their IP's from piracy.
Sounds great at first, until you realize a few things about it:
On the movie front, Blu-Ray does nothing for movie studios. DRM is a joke as the image constraint token isn't even implemented, allowing people to rip HD movies whenever they please. With the advent of EBAY, AMAZON, CRAIGSLIST, etc. people sell their used movies after watching them a few times. This means the movie studios lose money on a sale every time someone passes off their purchased movie to someone else. The only saving grace of Blu-Ray as a movie media is that its the only physical media in production that supports high definition video.. But in the next paragraph we'll see what even that is nearly pointless.
I haven't been to a Blockbuster in ages. There's this thing called pay-per-view I can get right through my cable box where I can watch just-released movies without having to drive to the video store only to find out they've rented out all the good movies. There's also Netflix where I can get my movies digitally right to my PC or Xbox 360. This is great for me as a consumer, and this is great for the movie studios who don't want people reselling copies of movies on physical media.
As far as Blu-Ray as a storage media goes, sure its big. Its also slow and expensive. For the price of a Blu-Ray drive, I can buy a Terabyte drive array, which is equivalent to 20-40 (depending on the # of layers) completely filled-up Blu-Ray discs. The drive array is about 100 times the speed of reading from a Blu-Ray disc. Only recently have extremely large software packages come close to filling up DVD9's. Why would anyone need to purchase a Blu-Ray drive?
So yeah.. Blu Ray is slow, expensive, and above all, pointless. Unless your name is Sony and your idea of running a business is to come up with a proprietary physical media format.
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