The Future of Digital Video?

An Anonymous Coward, in name only asks: "I've been asked to write about the Future of DVD technology for a newsletter and I've been doing some thinking and research regarding this. It seems pretty clear that DVD is a dead-end technology, due to be replaced by Video On Demand. Already Disney is launching a VOD service, albeit through traditional broadcasting. It's to be a brief piece, and I plan to touch on how VOD will affect viewers as well as professionals. What is a realistic timeframe for beefing up broadband (such as Powerline Broadband?) and smartening compression (On2's VP5 , MPEG7?) to create a workable VOD system that will replace DVDs? Is delivery more likely to be based on an open or proprietary standard? What do you see as the future of Digital Video? Any input is greatly appreciated." While I don't think that Video on Demand will spell the end of DVDs, it would be interesting to know how far the technology has progressed, and how much further it would need to be developed before you could can pick-and-choose your movie-of-the-night from your own living room.