I've just read Luke's review, so I think I'll respond primarily to that rather than issues in this thread:
Firstly, the fact that Disney has only sent out Blu-ray screeners of Pinocchio is just as likely to be because the release comes with a DVD (so people reviewers can comment on the DVD quality) and all the extras from the 2 disc DVD are on the Blu-ray release too (so reviewers can comment on the content of the DVD extras) while at the same time review the Blu-ray picture and exclusive supplements. I know this may sound like a jab at Luke, but its not unreasonable for Disney to expect reviewers to have a blu-ray player at this time. UD has reviewers with Blu-rays - Aaron for example could have done a DVD and Blu-ray review of Pinocchio no problem.
I don't see it as "desperation" - just money saving on Disney's part (its much easier and there'll be lower admin costs to sending everyone the same review package).
Saying that, I'm not suggesting Disney aren't desperate to promote blu-ray - they've obviously invested money into the format and judging by their discs, invested more than most other studios. I'm more offended by Disney's "desperate" need to promote the latest Disney Channel "stars" than their promotion of Blu-ray to be honest.
There's also a steady selection of older films coming, admittedly at this time mainly through Warner and Sony, but they're coming. DVD had exactly the same release type pattern in its first few years. Also, a lot of older films haven't really been mastered or restored for HD - another reason for the slow uptake. Warners (bless them) are doing a new restoration of the Wizard of Oz especially for Blu-ray, when their last release was uniformly rated as "excellent" by DVD reviewers.
And old films can look spectacular on Blu-ray. "How the West was Won" is one of the best looking Blu-ray's available today. And based on my HD DVD of Forbidden Planet when that is released (as it will be soon) it will be another Blu-ray to challenge day-and-date releases (It's by far my favourite catalog release on Hi-Def).
(BTW, if you want fast playing movies, try a Warner Bros blu-ray which has no pre-movie previews or even menu - it just plays the movie in about 30 seconds of putting the disc in).
I also think its a little simple to suggest that studios are pushing Blu-ray just because of the difference in price. Over here in the UK, the price difference is a lot less (as I think I've mentioned before) and I found out this week that "I Am Bruce" actually has the same price on DVD and Blu-ray, and that's coming from Anchor Bay one of the smaller studios/releasers. Plus there's plenty of 3-for-2 offers or similar meaning I can regularly pick up Blu-rays for less than £10 each.
It's no secret that I invested and actually preferred HD DVD (mainly for its uniform region-free stance). By saying that I've made myself as much of a target for Blu-ray fanatics as Luke has with his editorial. But its no secret why most studios preferred Blu-ray - and its nothing to do with quality as most Blu-ray people will say. For example, when did Disney last put a DTS track on a DVD? They used to, but haven't for years. If Disney was so concerned about quality, they still would.
No, its because Blu-ray offers them a way of region protecting their releases should they choose to in a world where almost every DVD player outside the US is region free and more importantly, it offers them additional protection against ripping in a world where anyone can easily copy a DVD.
Of course even on Blu-ray there are no absolutes, but studios *ARE* losing sales on DVDs these days when it is so easy for people to copy them. If only one person out of 50 borrows a DVD or rents it and then copies it, and out of them only 1 in 10 of the copies are films the pirate may have bought either on the discs release or several months later when it was discounted, its still a lost sale.
I don't believe the hysterical figures some studios put about regarding piracy where every copy is counted as a lost sale, but common sense dictates studios are losing money. And for now, Blu-ray is the ideal opportunity for this loss of money to be reduced.
It's one of the reasons studios are so keen to give out Digital Copies these days - its an attempt to not have customers need to self-rip a disc, so hopefully ripping on this new format won't be as frequent or "accepted" by the public.
As for the price increase, somebody has to pay for the construction of the new manufacturing plants required, development of BD-Live (which I still believe 100% will grow into an invaluable resource for film-fanatics), the restoration on older films, the advertising so many people despise etc etc.
Personally, I don't think Blu-ray will ever be as big as DVD was, but as we all know and Luke acknowledged, DVD isn't as big as DVD was. The peak of DVD's popularity was due to a number of reasons, all combining - from price, to availability, to genuine physical media differences between VHS and DVD, to portable players and PCs. I doubt it will ever be duplicated.
Blu-ray's launch hasn't been faultless, Disney's handling of the format is likewise far from faultless - holding back "normal" video supplements off DVD for them to be exclusive on Blu-ray is not fair and is underhand. However, I have no problems with genuine Blu-ray exclusive features which make use of the format, and to be fair, most Disney releases also have these.
But don't forget, the introduction of DVD also have underhand tactics. DVDs were priced to sell and available day-and-date with VHS releases priced for rental, only for the VHS to sell titles to appear months later for example. At the same time DVD really was asking you to invest in a new format while at least Blu-ray players play DVDs.