The writing was on the wall, but it's now official: Toshiba has abandoned the HD DVD format and has ceased production of all HD DVD players.

I have one word: FINALLY!
Now we can all get on to the important business of making really inexpensive Blu-Ray Disc players and dropping the prices on BD format movies. I, for one, eagerly anticipate being able to pick up a $99 Sanyo or Emerson BD player for Christmas. OK, maybe not this year...but definitely by 2009.