Wow, this war is becoming so complicated. At this rate there will definitely be no resolution until 2010 at the VERY earliest IMO, and Blu-ray can't die due to its trojan horse - PS3.
Makes you wonder just how long this can go on for
Also I can't see any new video format superseding BD/HD-DVD any time in the near future as there is no point for the audio to be better than PCM 24-bit/48khz (movies are only recorded at that spec) so there is no progress to be made there and it will be a while until there are higher-than-1080p TVs out for any reasonable prices.
Hmmm.... what optical disc media will PS4 use :O