This holiday season, there is a new player in the HD market from New Medium Enterprises (NME) called HD VMD to compete with HD DVD and the more popular Blu Ray format for High Definition storage & playback. This system has had a strong presence in New Zealand, Iceland and parts of Central Europe for a while, but is now just coming on the American marketplace. The company is touting itself with the world's first low-cost "True High Definition" solution utilizing today's red laser technology, similar to that of the standard DVD. HD VMD is a true HD format with 1920 x 1080i/p resolution, up to 40 Mbps bit rate playback, DVD up-scaling so users can watch their existing DVD collection and achieve premium picture quality through their HD TV monitors. The HD VMD player is suitable for playback on all HD-capable display devices and will support existing optical disc formats: CD, DVD (DVD 5 & DVD 9). HD VMD players also feature Advanced Encryption Standard (AES) and al...