you miss the point. The overwhelming majority of people on this board, for a long time argued that it would ALL be over once the PS3 was released, because it would immediately sell millions upon millions of units, and there would be millions and millions of BD players in peoples homes. Those millions upon millions of potential buyers were the carrot for studios to make BD movies and stay with BD as the sole source, because if those people bought discs, the studios would make a lot of money.
However, the PS3 is not selling millions upon millions of players. Indeed, sales have been below expectations in general, and particularly in Japan. If those players arent selling, then there are fewer people buying discs. At a certain level, as I said this has noting to do with the Xbox, because the xbox was not marketed as a HD DVD player.
To reverse your argument, how long can the studios ignore HD DVD owners, who apparently have a predicted annual attach rate of approximately 28 movies. That is a lot of money the BD exclusive studios are leaving on the table.