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!"
Oh I'm sure it "helps", in fact, I might want a Toshiba super upscaler for my DVD collection but get this, I will not be buying any new DVD's so this would be purely for my current DVD collection that I won't be replacing with blu-rays. Stuff like 80% of the kids DVD's and I'd say at least 50% of the rest of the DVD's will never be replaced.
All my new titles will be blu-ray and I will be replacing some of my favorites in blu-ray, such as LotR, Starwars, etc...
By the way, this is impossible to be equivalent to blu-ray. No matter how much spin and hype Toshiba or anyone else puts out there, taking SD DVD and processing them only enhances the SD content but it cannot "create" extra resolution or color without some artifacting and other possible side-effects.
Like I said, this will be good for SD DVD's that you are necessarily dying to have in blu-ray but a blu-ray killer it is not....nor will it be equivalent...