Doug, the "dust" is not never going to settle for High Def discs in the near future. I really suggest you jump in, you'll spend less than USD 500 for a player and probably nothing (rental from Netflix) for software. I could not resist, and I am happy I didn't.
I also have a second idea/suggestion for you to spend your money: if you have a second media room, or simply living room or bedroom for that matter, why don't you build a new stereo system with separates? What do you think? This with assuming that you like music and own many CDs.
