Well, as Designtechnica reports, Blue-ray seems to be gaining more acceptance and support. With backers like Sony and various movie studios, this format certainly isn't going away. The other contender in the HD department is HD DVD, which is backed by Microsoft.
"At Twentieth Century Fox Studios on November 29, the Blu-ray Disc Association (BDA) gave an update on their blue laser technology. BDA felt that it was time to highlight its progress in bringing "the new high definition format" to market. Andy Parson, Senior Vice President of Advanced Product Development for Pioneer Electronics, opened the meeting by giving an overview of the state of Blu-ray development."