If you have an HDTV and have been considering purchasing a high-definition video player, the one to choose now is Blu-Ray. Toshiba, the long-time proponent of the HD-DVD format, is calling it quits w/ the format . Toshiba will be halting production of HD-DVD hardware after numerous recent losses of major studios and retailers (Wal-Mart) to the Blu-Ray format (via Slashdot).

You will see HD-DVD players and discs on discount as its backers try to liquidate their wares and cut their losses, but you should not buy them if you want your content to have long-term usability and any hope of growing the size of your video collection as HD-DVD videos will have increasingly limited availability.