If what Reuters is reporting is true (still waiting for confirmation), Toshiba has thrown the towel on the HD-DVD vs Blu-Ray war. I guess last Friday's Wal-Mart decision to abandon the format and stick to Blu-Ray, was HD-DVD's last nail in the coffin.

Better this way, this war was only stalling the development of the next generation DVDs, and creating a lot of confusion on customers head.