As a very satisfied HD-DVD owner and extremely satisfied Oppo bluray owner, I don't see the need.
I have two HD-DVD players for when my HD-A35 fails (?), and although I think Oppo would do an excellent job with it, I'd prefer that, as a small company, they remain focused on the best forward looking universal player possible. I really like what they're doing with the new models, and I'd prefer their considerable skills be targeted there.
Now I'm going to look over my blue/red library and enjoy the heck out of it.