Let the hive mind of Engadget get that for you.
"I need help! I want a small pocket camcorder but I'm not sure which one to get. I don't want to fall into the hype of the Flip because I worry two hours won't be enough. What should I be looking for when considering a small camcorder and where can I get a good quality one with expandable memory? Thanks!"
It would not be a problem if they didn't release 2 formats! You cannot put any of this on the consumer at all. We cannot go around throwing our money away, and alot of money, $999+ for a player to me is insane.
A good upscaling DVD player is enough for most people like my parents (and they have a 50" Sony SXRD), just as CD-quality music is for most of us. Either drop one of these formats (dropping the more expensive Blu-Ray seems like the better choice at this time) or just make AFFORDABLE hybrid players. If the industry does not do one of the above, both formats will go the way of SACD and DVD-Audio, neither really catching on and being mostly ignored by the general public.