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I thought I heard that NetZero, Best Buy, Walmart, (I may be mistaken on some of these) will only be carrying blu-ray DVD's. If this is case then I wouldn't be able to play them on my regular DVD player would I?

If this WERE true, you'd be correct that your regular DVD player would become nothing more than an end table. However, I think they mean that Walmart etc. won't be carrying BluRay's main competitor: the HD-DVD. These moves by the large resellers are a big part of HD-DVD's imminent death. I'm sure your standard DVD's will be carried at your local Wal Mart for a long time to come since standard DVD's will still be in high demand for at least several years.

I absolutely do not understand hi-tech stuff.

Think about what it was like in Blockbuster during the transition from VHS to DVD. The shelves were full of VHS tapes with a small DVD section in the beginning. Soon, it was 50-50. Now, you can't find a VHS tape anywhere. There was very little if any outrage to VHS offerings disappearing because adequate time elapsed to allow just about everybody to naturally transition over to a DVD Player. I'd project the same type of future for BluRay.