Planet Earth 1080p version made me rethink that.
While it is true that the HD disc version of Planet Earth is incredible, it's also HD VIDEO and not HD FILM.
Bluray movies are done on FILM and do not have that same life-like pop that video based material does.
It does look much better than DVD on a large TV, but not at the prices that they want you to pay. And who wants a comedy or something like that in High Def if it costs at least $25 and not designed to be a visual spectacle?
DVD is still going to be king, while bluray sits as the videophile format like Laserdisc did for the longest time.
Sony is going to be hurt the most because they're losing a massive amount of money on the PS3 in the hopes that they make it back by having the main format for the future. That's not going to happen.
Also, I own a PS3 (bought for bluray only...do not own one game for it) as well as an HD-XA2. I was behind the HD disc formats from the start, but honestly, HD-DVD had the best possibility of being very affordable for the manufacturers (cheaper media and much cheaper to convert DVD pressing facilities to be HD-DVD capable) and cheaper for the consumers which would have helped adoption.
The only reason Bluray has a better hold than it would have is the PS3 owners already having the player. It will still be a niche market though.