the HD-DVD vs. BD actually has less to do with PS3 vs 360 than people are ranting about. PS3 comes WITH a BD player. You have to spend the same amount on your 360 to get it to play an HD-DVD. that's why BD is outselling HD-DVD.
Also, it's very true that most people don't own TV's that support 1080p. But if you stay up to date you would notice that all broacasting is going to switch to HD within the next few years because the United States gov't OK'd it. And that's a fact. So if you go and buy a TV in the next year, I reccomend not getting a standard def. You'll be pissed very soon.
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