Microsoft, Intel back HD DVD over Blu-ray

raitchison writes "Reuters is reporting that after months of sitting on the fence in the battle over what will replace the venerable DVD that Microsoft and Intel have thrown their weight behind Toshiba's HD DVD over the Sony's Blu-ray. Better compatibility with existing DVD technology as well as lower cost were cited as reasons to back HD DVD. While this is undoubtedly a significant blow for Sony in their efforts to establish Blu-ray as the next standard it's not likely to be the end of Blu-ray."