That's very much in line with my own reasoning. If we had a single HD format, the hardware supported all of the features included in the format, and HDMI hardware were already solidly mature in the marketplace, I'd probably be saving pennies to pick a player up (probably a second gen model). With two competing formats, no hardware for either format that fully supports either format's capabilities (although Toshiba's players are getting close these days), and no HDMI v1.3 hardware yet on store shelves, it just feels right to sit back and enjoy my DVD's on a nice DVD player for another year and a half or more before actually investing any money in either new format.