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The region blocking is useful to allow staggered releases of movies in theaters worldwide.

Posted by oscar on November 30, 2007 at 15:08:57:
E.g. It wouldn't do the studios any good in terms of European sales if they released region-free movies on Blu-ray in USA if the first run movies haven't been in the theaters in Europe yet; that would kill theatrical sales (I believe that's the reason Warner's isn't releasing a certain movie on HD DVD yet, though the BLu-ray release is forthcoming). I can't blame the studios for doing that though it makes my life a bit more inconvenient.

Also, don't you prefer "lossless" DVD-A or CD vs "lossy" DD/DTS ? Whether it's music or movie tracks, "lossy" DD/DTS still sounds "muddy" next to their uncompressed/"lossless" counterparts. E.g. when choosing between Eagles' "Hotel California" on DVD-A or DVD-V, I have to choose between a video presentation with "lossy" DTS or a more pristine presentation with 5.1 "lossless" 24/96 DVD-A but no video. Blu-ray will allow me to have both high def video and "lossless" 5.1 24/96 sound (too bad they can't slap on DSD @ 5.6Mbs at the same time...

That vinyl argument doesn't really apply for movie tracks, the master "tapes" are typically digital 24/48 so yes, HD Media can be "lossless" bit-for-bit identical to the masters.