According to Gizmodo, Toshiba will be announcing today that they will no longer be creating or researching the HD DVD format and instead conceded defeat to Sony’s Blu-Ray as the winner of the latest “format war.” I don’t plan on picking up a Blu-Ray player any time soon because of how ridiculously expensive they still are, as were DVD players when they first came out, but eventually I probably will. With the HDTV market becoming increasingly more affordable and the likelihood that the high definition DVD market following shortly this is pretty good news as to relieve consumer confusion over the differences. No, you won’t be able to play Blu-Ray DVD’s on your current player, however, once the prices come down on the Blu-Ray players, your current collection of standard definition DVD’s will still work just fine and may also look a little nicer due to a feature called up-scaling.