So am I crazy for ordering a $1600 UDP this week? I don't think so! Yes Blu-Ray and HD-DVD are on the horizon, but this is just going to be another format war (VHS vs. Beta, DVD-A vs. SACD). There will only be so many titles released at first and the players will still be around $1K+ when we first start to see them in the fall. Do you really think the video stores and Best Buy will carry them. Not at first they won't. Also, I don't think these players will have as good of a picture as current players on the current media, which I have a decent collection.
I probably won't get into this newer technology until the format war is over or when 1080P front projection systems are reasonably priced ($4K).