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It won't be released for another 8 months, but I'm already excited about owning HD-DVD copies of the Harry Potter films.
Blu-Ray discs aren't even at the point of being considered vaporware yet.
Also, standard DVD plants can be easily re-tooled to support HD-DVD production, which means product shortages are less likely to be a problem than with Blu Ray. So at this point I would give HD-DVD the edge.
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