HD-DVD to go Betamax

The debates have been raging for some time now about which format would win the HD video format battle and it now appears that BluRay has won. Today Warner Bros. announced that they were supporting BluRay. I believe that means that all of the major studios have gone with BluRay and thus HD-DVD doesn't have much of a chance to win out. Though as the article points out, other delivery options are on the very close horizon, so going out and buying that BluRay player might not be the most prudent use of your funds.