CNN has a good article talking about how the two formats will compete with the loser potentially losing blowing millions in research and development.
“Two rival “next generation” DVD formats look set to be launched onto the marketplace next year.
Both are backed by powerful and well-known Japanese manufacturers, with each staking their claim to an industry worth billions of dollars.
And with the DVD market unlikely to support parallel formats, the loser faces the prospect of squandering millions spent on research, development and marketing costs.”
While Blu-ray based recorders are already on sale in Japan and being sold under the Sharp and Sony brand, Toshiba is hoping to release their HD DVD players by early 2005.
Read more at CNN
We have pictures of Sharps Blue-ray recorder in our message boards.