So after 2 years of battling with Sony for the next DVD format Toshiba has announced that they will withdraw from this market. They will slower their HD-DVD player and disc production and will stop their HD-DVD business by March 2008.
Finally after the unforgettable lost for the VCR format, Sony has won this time. But I think the ultimate winners are the consumers. We can start saving our $$$ for the Blu Ray stuff since the price will drop more rapidly now that all the manufacturers can focus on one technology. Actually, I'm kind of regret that Toshiba dropped out so soon as all my old DVD collections won't be able to play on the Blu Ray player. Let's hope some manufactures will produce player that backward compatible.