In addition to the "image constraint" issue, AACS has a few unresolved points, so the first players that are due to come out this spring won't have all the features promised by HD DVD and Blu-ray. For one thing, you won't be able to copy material from a disc to, say, your PC via the "managed copying" function.
It seems with each successive advancement in technology, another copy-protection scheme is unveiled that hurts the casual consumer more than anything, or at least those who are unaware. Potentially, you will be able to upgrade some hardware as standards become finalized to allow your hardware to function better with AACS, but I wouldn't count on it.
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