Yes, it is Mike.
I got all my collection together as I am going to renovate my garage and install some additional storage and I see now how rediculously large my collection is. I could shave a lot of space by ditching the cases but it is still a large amount of stuff to store. Going digital download would fix that but I have to trust the studios to let me redownload everything should catastrophy strike and that means trusting the same music industry that has sold me the ENTIRE collection of The Police 4 times now, 5 times on some albums (cassette, vinyl, CD and SACD) and trust the film industry that has sold me Terminator 2 a total of 6 times (LaserDisc, Special Edition Laser, DVD, Special Edition DVD, D-Theater and now BluRay). The RIAA has already stated in lawsuits that if you buy a CD and then download the same tracks off a pirate site, you are a pirate - even though you are "stealing" the music you already purchased. And people in Hollywood are not much better, including the VP or Pres from TNT who stated that people who use DVRs are stealing content because when you watch a TV show, you are entering into a contractual agreement where you are promising to watch the commercials. (Um, what?!)
I don't really trust those people, so having a physical disc is a nice fallback and if I burn it once, the cost is on me. Still, I think there are far too many of them that think they can protect digital content from being copied. A quote I heard about that was that digital files can be made uncopyable no more than water can be not wet.
Anamorphic 1080p content would be nice, but I don't see that happening. It would be more likely to get 4Kx2K resolution than special anamorphic runs for the ISCO III crowd.
The key to selling Hollywood on it is increased revenue and new security features (ugh!), but I think the best way to work on the security is not to push harder on the protection but more on the tracing. If you could embed hidden files to watermark the video on the fly so each pirated copy can be traced to the person that purchased it, there would be fewer people who are willing to release those copies into the wild instead of draconian HDCP restrictions that force legit users to buy a new $1000 fiber optic HDMI cable because their projector is 2 feet too far from their video source for fear there might be a $60,000 real time encoder like a Harris Flexicoder on the other side stealing the video instead of some $5 program downloaded from a server in China ripping it on the computer side.