HD-DVD is dead, yeah so...

So the news is out, Toshiba finally dropped out of the HD video disc format race... Of course the downfall which started at CES 2008, was exactly 2 days after I received my HD-DVD player for the X-Box360! [ed: just to add to my crappy year 2007...]
This is actually quite upsetting as IMHO the HD-DVD format was way more interesting than the Blu-Ray solution. Here are my 3 top rants regarding this subject:

• For one thing, HD-DVD were not region encoded which is a big plus (while Blu-Ray is)! I am so tired of not being able to buy the version (especially considering language) of the movies I want to add to my library!
• No competitors means that the technology rights will remain high & costly (Sony has to make back the money they spent buying the studios to jump onboard Blu-Ray somehow) which converts into a user expensive experience...
• Blu-Ray will only be really good once 2.0 and greater players start to come-out for the online updates and content additions!

Will I buy a Blu-Ray player, maybe once the prices come down and 2.0 players are more readily available... By that time, I may not need to! I am also tending to see (especially in France where high-speed broadband is readily available) that more and more HD content will more likely come from direct downloads or IPTV solutions!
At the end of the day, I don't regret my purchase and I will try to collect as many good HD-DVDs I can before they disappear...