I'm waiting for the Apple TV update when Apple switches from 720p to 1080p before I waste my money on these.
I'm not paying an HD "upgrade" price.
You haven't been owning them. Cut the smugness.
1080p downloads aren't really worth it over 720p, they'd have to compress the picture so much that you'd be better off with a less compressed 720p picture. think of it this way: you could create a 640x480 JPEG at 80% compression and get a pretty high quality image. to get the same file size on an 800x600 you might have to compress at 60% or lower. so you'll have a higher resolution of a lower quality image. besides any screen less than 50" the difference between 1080p vs 720p is miniscule.
Oh yeah. BTW, blu-ray, you have just now become antiquated!!! It's just a matter of time before you're truly obsolete
not all 1080p pictures are created equal, all video is compressed using a few of different codecs: mpeg-2, avc, vc-1, the latter two are more recent and more efficient than mpeg-2. ultimately though when you're having to compress an image you want to use the least amount possible with 50gb blu-rays it's entirely possible to have movies that play over 20mbps, that's simply unfeasible over today's broadband infrastructure (docsis 3.0 is a step in the right direction, but nowhere near good enough and nowhere near prevalent enough to be considered a near-term solution).
then there's blu-ray's ability to use dolby true-hd/dts master-hd audio codecs for lossless audio decoding that would add another couple of gigabytes of data. and that doesn't account for extras - which i personally don't care about, but a lot of people do.
nope for the foreseeable future blu-ray is the only way to get the best possible picture/sound available. i'll rent hd movies on itunes and throw them up on my projector, but for anything that i really like or that deserves the best quality it'll be blu-ray for me.
once our broadband pipes are big enough to handle a 4K minimum picture resolution disc based delivery will be superior to downloads, and considering disc's can't handle that resolution yet (for full length movies) discs will be around for a while. aimed at a smaller and smaller enthusiast market, but laser discs did a nice little business in the 70's, 80's and 90's while the masses were consuming the vastly inferior vhs.