The lack of blu-ray purchases I see amongst my peers, the lack of blu-ray selection vs DVD when renting from the local rental store - many of which are closing their doors due to lack of demand.
Yes, people have existing libraries. People own a lot of dead technology.
That doesn't mean it isn't dead or on life support.
Your issue of storage is also a reason for the decline of optical media:
- if i purchase, i don't need to store it, don't need to worry about damage and am less worried about physical theft of my collection
- if i rent, i don't need to worry about late fees due to failing to return - the media simply expires x days after rental
If you have decent speed broadband (and an increasing number do) then keeping your media library largely in the cloud (whether that happens to be itunes, netflix or some warez site) is a lot more convenient.
OK, I'll answer bit by bit...
I live in a suburb of 50K people or so and I don't think we have a rental store of any kind left. However the electronics stores, Walmart and a few other retailers still have large areas dedicated to optical media. Must still be selling, or they would have replaced the stock with something else that does sell.
What defines a dead technology? I would say if they no longer make it and support it. They still make record players and LPs. Cassette tapes are no longer for sale, though you can still buy players. Same-same VHS. So I could agree they are dead. All optical media players are still for sale (save Laserdisk) as are their media. And still selling. I would not call them dead yet.
If I buy it, at least for now, I have to store it. There is little, as yet, cloud support for video media - that is changing, yes, but the quality of the media is not there yet. Plus I can't get them to store my video media I already own. iTunes will do it for music but not music. I have owned optical media for a quarter decade and have yet to replace a broken/scratched disc - unlike the odd tape or vinyl record I've worn out from over use. I take care of them. In addition all this cloud storage must be paid for. Streaming quality is still not as good as the disc. I have Netflix. Picture quality is ok. Audio is worse. Internet radio bit rates are low. MP3s are better, but not much. I have HD cable, and video quality is very good and audio is good. But on my PS3 with my home theatre pumping out the noise, movies are better looking and better sounding. Period.
My issue with storage is the reason I still buy optical media. It looks and sounds better, and I can't buy it over the ether with that quality and store it locally. So I disagree there too. If I could buy it over the ether and had a big enough HD to hold it, I wouldn't buy discs anymore.
When I buy a movie or album, its mine. All mine. To use as often as I want, whenever I want, for one price. I refuse to pay extra for storage or rental. Its another bloody bill. How many do we have now. It used to be heat, electricy, phone and cable (opt) when I was 20. Now add in internet, cell phone, Netflix account, Sirius account, extra satellite channels, etc, etc, etc.
And if we all start streaming EVERYTHING, will we run out of bandwidth?
I admit, I'd love to cloud everything. But the price, in terms of quality and money is, for now, too high.