HD Recorder Can Use Standard DVDs
Stonent1 writes "Early next month Panasonic is going to release a DVD recorder that can store HD content on standard DVDs. The new device is expected to be a boon for the backer of the Blu-ray format; Blu-ray uses discs several times more expensive than standard DVD media. While the DVD discs won't have the capacity of a Blu-ray disc, the content will be of similar visual quality. 'The company said it will start selling three models of new DVD recorders capable of recording full HD programs on conventional DVD discs on November 1. The high-end model with a 500-gigabyte hard disk drive is likely to sell for 130,000 yen, Matsushita said.'" Update: 10/02 16:18 GMT by Z : Rewritten to clarify.
Note the required bit I just mentioned, on HD-DVD the AACS layer is optional but on Blu-Ray it is a standard requirement for all commercially-pressed discs. I remember reading about this some months back about some smaller indie studios only releasing on HD-DVD simply because they could forego paying license fees to the AACS people (fees that cut into limited profit margins) and just release their discs DRM-free. That's not an option on Blu-Ray.