"Blu-ray is a bag of hurt. I don’t mean from the consumer point of view. It’s great to watch movies, but the licensing is so complex. We’re waiting until things settle down, and waiting until Blu-ray takes off before we burden our customers with the cost of licensing."
Steve Jobs answering a question at the Macbook event - why no Blu-Ray?
Steve, come on over to Japan, we'd like to have a little chat with you...