What Is This I Hear About Blu-ray Being A Money-grabbing Company?

I read somewhere that we shouldn’t purchase Blu-ray discs – that they exist just to claim to be of higher quality, and to sell at high prices. Is this true?
I’ve seen comparisons of DVD and Blu-ray images, and I must say it’s quite different. But are Blu-ray discs over priced? Should I wait for the next generations of purchasable film?

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