Ehh, you're probably right Billz, and first thing on that list is a 400 episode animated series starring Jar Jar Binks.
As for Blu-Ray, I don't know how 3D could be implemented. Blu-Ray's main advantage over DVD is storage space, near as I can tell. I'm watching Transformers 2 on my PS3 right now, and even though I have an SD tv, I can't tell much difference. However, it does allow for more features and so forth to be on a single disk, which is why it'll be perfect for the LOTR extended editions. Also great for more special features. ;)