I've been through VHS, laser discs, DVDs and now Blu Rays. Managed to miss Beta anyway. I have a 50 inch Pioneer 1080 plasma set in the family room and have converted our basement into a home theater with a liquid crystal projector, five speaker surround sound with a sub-woofer, stadium seating complete with cup holders and a popcorn machine.
The Blu Rays have jaw dropping quality but I don't plan to replace all my other formats. If you monitor Amazon you can find some very cheap Blu Rays. "The Comancheros", for example, is only $10.00 and boasts one of the sharpest transfers I've ever seen. It also has lots of extras unavailable on the other formats. Blu Rays are the closest experience to actually going to the theater.
I figure life is short, and my wife and I are movie fans, so this is our big indulgence.
We deal in lead, friend.