Well, I love my Xbox360 HD-DVD drive, and watching full 1080p HD-DVD movies on the Elite model. I've bought about 10 or so HD-DVDs and have rented a few from NetFlix recently. But, in what is looking more and more like an inevitably certain format death, Netflix announced today that it will no longer be stocking new HD-DVD releases, and they'll eventually phase out the current titles from their stock.

In fact, as I was writing this post an email from Netflix just arrived that explains the change:

We're Going Blu-ray

Dear Greg,

You're receiving this email because you have asked to receive high-definition movies in the HD DVD format. As you may have heard, most of the major movie studios have recently decided to release their high-definition movies exclusively in the Blu-ray format. In order to provide the best selection of high-definition titles for our members, we have decided to go exclusively with Blu-ray as well.

While we will continue to make our current selection of HD DVD titles available to you for the next several months, we will not be adding additional HD DVD titles or reordering replacements.

Toward the end of February, HD DVDs in your Saved Queue will automatically be changed to standard definition DVDs. Then toward the end of this year, all HD DVDs in your Queue will be changed to standard definition DVDs. Don't worry, we will contact you before this happens.

You can click here to change your format preferences.

We're sorry for any inconvenience. If you have any questions or need further assistance, please call us at 1 (888) 638-3549.

-The Netflix Team

Well, sometimes you make a bet and you lose.

So, my (our) options at this point appear to be...

Wait around, hope against hope, and pray that HD-DVD miraculously sees a resurgence (umm, yeah...) Hope someone builds a dual-format drive for the Xbox360 that can replace the one I have now (not likely) Buy one of the new dual-format/combo drives that you can put in a PC and go that route (possibility, depending on what they end up costing, and I have to think about how and where I want to play movies) Buy a PS3 (ouch, in so many ways) - Just give in and buy a Blu-ray stand-alone player (but I wonder if I should wait til they drop in price some more, they ain't cheap)

Any other ideas? Let me know!