Wow, i'm pleased to see this started so much discussion!
Anyway, I honestly just think it's too soon for me to upgrade. The prices for HD-DVD and Blu-Ray discs and players, plus have a good enough television to use them on...just makes them seem very unappealing to me in general right now. Also, I was never much of "quality" nut anyway. As long as the picture and sound quality are clear enough, I don't have much to complain about.