It seems that everyone wants a piece of the next home movie industry. There are far more formats than any normal person could keep track of, but that's why we are here. Last week we talked about EVD, a red laser based technology that is more like DVD than Blu-Ray or HD-DVD. This week at CeBit a company named NME has announced yet another optical disc named VMD (Versatile Multilayer Disc) which is simply a multi-layer DVD with 10 layers instead of 2, which means it can hold about 47GB of data. The biggest benefit is that the players only cost $150 rather than $500 or $1000 like the other standards. I don't think we need another standard considering one is enough and at this point we have three. Does anyone else wonder what the point of this is?