[Update: another article about the battle. Link: eCoustics]

In this link at DVDReview.com Guido Henkel falls firmly in the Blu-ray camp after viewing both Blu-ray and HD-DVD at CES 2005. He says:

The lines of the image were so fine, it was unbelievable, and best of all the image was without a hint of an artifact. Perfect color balance, perfect shadow delineation, perfect edges and rock solid colors and blacks. I noticed the same effect on other Blu-ray presentations and clearly, this is what I am looking for.

Mr. Henkel was less impressed with the HD-DVD presentations. He also mentions that he could care less about backwards compatibility with DVD, which is something to think about. I already have a DVD player which will do fine for the DVD movies that I want to watch. One day it’ll go the way of my VCR and its VHS tapes: unused. OTOH, it would be nice to have just one component instead of two in my equipment rack during the transition period, so maybe backwards compatibility is a good thing after all.

Meanwhile, in this article over at Softpedia, they discuss the same issue, though they are carefull not to take sides. They do take pains to point out that the studios backing the Blu-ray format are not doing so in an exclusive way. While the same is true of the studios backing the HD-DVD format, the article does not point this out.