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Well there is a guide on doom9 how to convert HD dvd to blu ray, if you mean that. If i'm not mistaken both formats do have a red laser option, HDREC and AVCREC, basically allowing the usage of h264 & VC1, when authoured properly to be stored onto DVD5/9. Only problem some bluray player don't support AVCREC just yet, which is funny, since AVCREC camcorders where released pretty early.
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