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I'd also like to add that, in terms of Blu-ray, not only will you be getting more storage space, and better picture quality,
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I concur with the statement about more storage but how do we quantify the better picture quality statement? Isn't that a factor of the CODEC and encoding process? With both platforms standardized on MPEG2, VC-1 and AVC/h.264 I don't see where a qualitative platform improvement is really all that likely.