According to NHK in Japan (via Reuters), Toshiba has officially halted the production of HD-DVD equipment. From the article: “Toshiba is expected to suffer losses amounting to tens of billions of yen (hundreds of millions of dollars) to scrap production of HD DVD players and recorders and other steps to exit the business…“.

I don’t know about anyone else, but I’m really reminded of the VHS vs. Betamax race. I thought for sure that Sony would lose out again, but I’m guessing that they learned their lesson once. Now they’re bigger and have more money. They weren’t going to lose this one.

Of course, now that Blu-Ray has the market cornered, does it really matter? seriously now. What amount of difference will it make on my 27″ TV if the movie in Blu-ray or if it’s a normal DVD? I’m thinking no. I was talking with Danalyn earlier and she said, “…HD on an HD-TV that’s smaller than 40″ makes no difference…” and I think she has a really good point. Will it really matter? I mean, I’m pretty picky. It better like jump out at me. I don’t think my 27″ TV is going to do that.

Eventually, I’m sure we’ll get around to buying a Playstation 3, but for right now, there are no games that interest me on it, and I’m certainly not going to buy it to watch movies on Blu-ray. Another observation, from what I’ve seen, Blu-ray Discs are pretty damn costly as well. I’m used to paying $9.99 for a DVD or no more than $19.99. I’m not about to dish out $27.99 for a movie i’ll probably watch a couple times.

So will you be buying a Blu-ray player anytime soon?