No, but that description is.Steve Jobs' stance on the issue simply because he's "put his foot down" regarding DRM or because he's too greedy to let anything encroach on his beloved iTunes is just as tiring and unreasonable.
iTunes is not significantly profitable as a video store. Macs work with any alternative video streaming or download service you might want to use, whether that's Amazon or Netflix or anything else. Further, the move drives the small number of truly upset customers to purchase alternatives from third parties. None of these results in any tangible benefit to Apple. The only thing that "encroaches" on iTunes are DVDs and DVD-quality digital services, all of which work perfectly fine.
For greed to be an excuse, there has to be profit.
What the hell are you talking about? You clearly have been participating in a different discussion than the one actually taking place.Blu-ray is the de-facto HD delivery system, not some "fantasy technology" as you'd like to have people believe.