LG Multiformat Blue Laser Player Is Also a Burner

LG unveiled specification of its first player able to read both blue laser-based media: Blu Ray and HD-DVD. But that's not all!
It is also a burner supporting CD, DVD and single and double layer Blu Ray media!
For sure this device is not going to fill the gap for HD-DVD burner. Indeed, the current lack of media as well as burners for this format can seriously question the future of HD-DVD as a storage technology for computers.
Of course this new LG drive will be too expensive for most consumers (1200$), but at least it shows the current right direction, while forcing other manufacturers to enter the market.