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$1200

Definitely a surprise, but we'll still have to wait until it's actually on a store shelf. LG is not known for keeping its promoises, though this does look like it may actually make it to the consumer. As to whether it's a good thing or not, my opinion is that it is not. Why prolong the format "war"? LG is just trying to make money, but in the long run this product, if released, will only drag out having multiple HD optical formats.

Here's a release from CES:

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