Yes, it's true; in both cases.
I am not a connoisseur, I just bought the "wrong" format and had too many tapes to get rid of it when VHS caught up on the quality without the inflated price.
SONY caught on too late. I see a repeat with HD DVD; In addition, the companies allied with Blu-Ray are way too chummy with SONY and Microsoft and their damned "protected content" cripping of their latest operating system to make me feel comfortable.
I thought Mocrosoft was backing HD DVD?
I thought Mocrosoft was backing HD DVD?