Walmart was taking pre-orders and have had to cancel the orders and Best Buy pulled the item from their ad. At this point Warner is the only studio that has announced a firm release date and it seems impossible that Paramount or Universal will have any movies out within 6 weeks after they announce a firm date.
Assuming that Blu-Ray doesn't have the same problems, the first to market advantage that it seemed HD-DVD had is rapidly slipping away. Not to mention the fact that Toshiba is the only manufacture to announce a release date for a HD-DVD player.
I will buy a HD-DVD as soon as there are at least 10 movies for rent at Netflix, but I don't think I will replace my DVD collection just yet. On second thought, I will start selling them on EBay now!