We've all been saying it for over a month now, but today it became official. Today Toshiba officially announced it's surrender in the Blu-ray vs. HD-DVD high-definition disc format war. HD-DVD is dead, Blu-ray emerges victorious.
To be honest it has surprised me that they've given up so soon, but in the end it was a wise choice. There was no way they could possibly win, so they've saved themselves from wasting a lot of money by continuing to pursue a futile course of action.
This is great news for us consumers though, it means that now we have a definite and anointed next-generation technology to move onto. The manufacturers can now start cranking up production of Blu-ray players, recorders and disks, which of course means that with the higher production volumes and higher demand, also comes lower prices.
I'd probably give it another 1-2 years before the stuff becomes mainstream affordable, but now that the war is over, peace and unambiguous high-definition entertainment can prevail.