Frustrating, but everybody seems to be forgetting that Blu-ray is much newer technology than HD-DVD and more teething problems are to be expected. At some point I assume the yield will be comparable to HD-DVD. There are all sorts of factors that go into when the new players and software are to be released, most of which have nothing to do with whether the technology is ready or not, and most of which are related to marketing issues. The techies would vote for waiting six more months, when the stuff is working perfectly. The marketing types probably voted for releasing the product several months ago, before HD-DVD came out. The current release was the compromise. HD-DVD went through similar discussions, and was released before the player was completely ready, but the image quality was almost perfect.
The important thing is that in six months or so, these players will be working great, and the software will be great. At some point there'll be an affordable universal player. Let's try to be adults about this. Buy now if you can't wait, knowing that you'll have to replace down the road. But let's give the manufacturers a break. I'm sure that they're getting this stuff together as fast as they can. Probably losing sleep over how slow it's going.