$200 is worth it.
And for the record, Blu-Ray does not offer "much higher capacity" compared to HD-DVD. HD-DVD offers up to 45GB which is barely behind that of Blu-Ray.
Also, it can support full HD-resolution movies with even 7.1 mixes and extras, etc. Plus it uses red lasers (cheaper) and cheaper media, etc. etc.
Everyone here needs to stop whining.
Oh and if you want the TRUE FACTS on HD-DVD, instead of hearing these "rumors" just check recent news articles or
http://en.wikipedia.org/wiki/HD_DVDI REST MY CASE.
"HD DVD can be mastered with up to 7.1 channel surround sound using the linear (uncompressed) PCM, Dolby Digital and DTS formats also used on DVDs. In addition, it also supports Dolby Digital Plus and the lossless formats Dolby TrueHD and DTS HD. Currently, most DVD movies are made with 5.1 channels of surround sound. There are relatively few titles that offer 6.1 channels of surround sound. On HD DVD the Dolby formats are mandatory, meaning that a Dolby Digital, Dolby Digital Plus, or Dolby TrueHD track may be used as the sole soundtrack on a disc, because every player will have a decoder that can process any of these three bitstreams.[4] For lossless audio in movies in the PCM, Dolby TrueHD or DTS-HD formats, HD DVD discs support encoding in up to 24-bit/192kHz for two channels, or up to eight channels of up to 24-bit/96kHz encoding.[5] For reference, even new big-budget Hollywood films are mastered in only 24-bit/48kHz, with 16-bit/48kHz being common for ordinary films.
The HD DVD format supports a wide variety of resolutions, from low-resolution CIF and SDTV up to HDTV formats such as 720p, 1080i and 1080p.[6] All movie titles released so far have had the feature encoded in 1080p (although the currently available HD DVD players do not have a 1080p output option), with supplements in 480i or 480p."