If bluray audio catches on, then that would be great, but i wouldn't put any money on it at this time. Time will tell. I think hi res audio downloads fill this niche quite well. No need for encrytpted hdmi and multi channel avr's for those that are only interested in 2 channel music in high resolution formats.
There are also some great Bluray concert discs and methods for listening to them in uncompressed audio without hdmi. Check out the $40 hdmi audio deembedder from monoprice. Or, buy a bluray player with good analog outputs. I agree that HDMI has a place in HT though if you need video and multi channel sound.
