1) What was the price of the very first ipod
2) What was the price of the very first DVD movie?
3) What was the price of the very first quad core processor from Intel?
4) What was the price of the very first HDTV?
5) What was the price of the very first cellphone?
The Bluray association fought a long war with HD-DVD group. They will charge a lot initially. After all they have to get all that lost money back (R&D, marketing, killing etc). Once the dust settles (which hasn't), you will get it for very cheap price.
How can a bluray media get widespread usage when HDTV's haven't become mainstream yet? How many homes in India are using HDTV?
Europe is the only region having widespread HD usage. Of course, they are filthy rich (after looting Asia and Africa). Even in USA, there are maybe 7-10 HD channels and 0 in asia.
Even in India, 90% have Standard Definition TVs. Bluray and HD will not become mainstream till that figure comes down to atleast 60% (I said this earlier).
So, at this point of time, there is no use fighting whether bluray will die or not.
It won't. Bluray association will not let it die.