Finally, after years of standard war, Toshiba has lost battleground and quit HD-DVD business. Despite some of their similar picture quality, HD-DVD is relatively cheaper to produce and sell but trade off of being less capacity to store data. Probably it's good to have a single winner, Blue-Ray, which has almost double capacity as of HD-DVD.
If you're in the market of looking for a high-definition player, now it's determined to just buy Blue-Ray! (Sony PS3 has built-in blue-ray drive with $500'ish price).
The complete story can be found here: