I too think it was a phenomenal idea. Everyone is moving towards HDTV's, as analog TV's will be unusable in a few years (At least in the U.S., you won't be able to get analog Television signals). Plus HDTV's are obviously much better than standard tube televisions.

Back to Blu-ray. It's still early in its life cycle, so people are taking jabs at it constantly. But wait, didn't the same thing happen with DVD's at first? Quickly people realized that VHS was dying, and it would be best to leave it behind. I think the difference from DVD to Blu-ray isn't huge at this point, which is why people are going to be slow to make the transition. We made the transition because we wanted the newest game system. Other people might choose to make the transition because they are home theater fans.

Blu-ray is going to have a much more noticable effect to gamers. Blu-ray games look tons better (when done right) than DVD games, as they should. The sound is better, the features will eventually get better, Blu-ray is simply better.

Sony has always made "interesting" choices - ones that some people scoffed at and laughed at, but could you have imagined the PS2 having a VHS player built in? They knew what they were doing at that point, and I'm confident they did the right thing by moving on to Blu-ray at this point.

The best part of all this is that they haven't completely dumped DVD yet. You can still watch it on the PS3, and I watch a ton more DVDs than Blu-ray anyway. I do that because I own a lot of DVDs, and Blu-ray movies are too expensive right now. When the price comes closer to the cost of a DVD, sure I'll take the plunge, and so will other people.

So, in my opinion, the pricing needs to be better, both for the cost of the PS3 and the discs, to get people used to Blu-ray. It's all about getting people used to the idea of this new thing, and once that is achieved, it can't do anything but succeed.