The difference is that it can hold a lot more data on a disc, which means it can deliver a much more highly defined picture. Next time you're in Best Buy or Circuit City, take a look at the blu-ray demos they have playing. It really is an insane quality picture. I'm just waiting for the prices to come down a little more.
Snookums (may i call you snookums?) ... one of the key things is that you really need a decent quality high definition tv (1080i/p) and use quality connections such as an HDMI cable to really see the full effect.
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