There are few people shrewder and smarter than Bob Stuart (aka Bob Meridian), so if he is intereted in HDDVD enough to make a palyer .. well, that is encouraging news! Of course, he also made a DVD-A player .....
Do agree that a player at a $3,000 (or more ... a lot more, I suspect) will make no impact on the battle for the mass market.
Certainty and conviction are a sure sign you don't know what you're talking about! The world is not black and white, rather shades of grey!