Blue Ray is dead folks. There are much better systems that can hold vastly more volume. The prices have come down to the point they cost only a few dollars more.
The real question, is it needed? I don't think they are. The next big thing to hit gaming and movies is 3d, and without getting too technical they generally take up to twice as much volume as a standard HD movie.Blue ray shouldn't have a problem with that, unless sony decides we all need to switch systems.(I think they already have) Blue ray is flawed in the sence it can only store so much info.
It has its limits no matter what they do to it.(this is why they have to move to online services) Don't be fooled with hype that the ps3 cant do it. Sony just wants more money. Big mistake on Sonys part, they run with the technology and forget the customers that buy it. Xbox anyone?