Will Blu-ray pull through?

There’s an interesting discussion over on /. about the future of Blu-ray. Despite beating out HD-DVD a few months back, this format has yet to take off. Too much DRM? Failing economy? Players and movies too expensive? No good titles? Don’t see the benefit of upgrading when you’ve only got a 22″ CRT TV? Take your pick folks. My theory is it’s some combination of all of the above, but the main culprit is that it’s not that much better than regular DVD to justify re-buying my entire movie collection, at least at its current market price.