Is there a dispute resolution mechanism if I happen to be a Frenchman who's been falsely accused three times (I'm not French, and I haven't been accused of filesharing, I'm just curious).

But have you ever been accused of being French?

If someone accuses you of being French three times, you get to pass unfair laws that no one wants.

I recently finished upgrading my setup from a five-year-old 32" CRT HDTV to a 70" SXRD.
I upgraded the TV first. I was very disappointed with the performance when I put the first disk in the player. It looked very grainy and splotchy. You could see all the compression artifacts. It was very sad.

I upgraded the DVD player to a very good Oppo DVD player that was advertised as having an extremely good up-converter. I found that this gave much better results, but it didn't really knock my socks off. Impressive, yes. But not anything that made me wet my pants.

After HD-DVD threw in the towel, I finally upgraded my PS2 to a PS3. When I put in the first Blu-Ray movie into the PS3, I finally had my first bout of incontinence. It looked better than I thought possible on a TV screen.

I set up the system so I could flip between my old DVD player and the PS3 Blu-Ray version of the movie 2001. It really amazed me. The Blu-Ray version was so full of detail and so devoid of artifacts. Almost a year later, the TV finally had achieved its potential.

Ever since, I've stopped buying regular DVDs and started looking for sales to replace some of the action/Sci-Fi DVDs with Blu-Rays.

Now, for some background.
When the HD-DVD / Blu-Ray war began, I hated it. I didn't have a very big HDTV, but it looked great with my ancient DVD player. I chalked the battle up to the studios pushing a new technology into a market that just didn't need it. I didn't want to buy a new player and I really didn't want to replace all my movies with yet another standard.
All that changed once I saw how things look on a really big TV screen. Once you get a screen that lets you really see how bad compression can get, you understand why an uncompressed movie makes such a difference.

I still think Blu-ray is too expensive, which causes quite a barrier, but it will eventually come down. I don't think Blu-rays will go the way of Laser Discs, but it's going to take a while for them to take down DVDs...