I was just thinking - Sony doesn't exactly have the best history when it comes to the format wars. Betamax. Memory Stick. A-TRAC. Minidisc. UMD.
Does Blu-Ray stand a chance?
Then again, I also don't think it will matter. As some have suggested, Microsoft may be backing HD-DVD simply to undermine both formats. With nearly unlimited storage available and increasingly fatter pipes, the future is not in a physical medium of delivery.