It's been 10 years since I made the plunge into DVDs and I have an embarassingly large library of movies, documentaries and television shows. I didn't plan on investing in a high-def format this early.
With that said, I'm not going to replacing my old DVDs with Blu-Ray. If I'm going to double-dip, I'm going to have to sell the DVD.
In recent years, I've put some self-imposed rules on my movie-buying. I ask questions like "How many times will I watch this again?" and "Will I at least watch this once a year?" Now, I'm thinking about MORE questions about buying Blu-Ray titles. "Do I already have this on DVD?" "Is this worth upgrading to Blu-Ray?" Looking at the available Blu-Ray titles, it doesn't look like I'll be buying much. I already get Blockbuster DVD titles through the mail and it looks like I'll be using that for Blu-Ray titles as well.
I don't think Blu-Ray will overtake DVD any time soon. But, I've been waiting a long time to make the hi-def upgrade and I think this is the time.