"This diffraction device is the first one that is ready for four formats, including BD and HD-DVD," according to a spokesperson from Ricoh. "It will make it possible to build players and recorders ready for all formats, which will benefit consumers."
Now to the bad news... the price. It is to be expected that these devices will be expensive. With Blu-ray disk players selling for close to US$1,000, these multi-format drives are more than likely to be even more pricey. Oh, and donít expect them to be rushed out into stores any time soon either.