Oh I get it, your so sick of moving from format to format, media to media, license to license that your ready to jump ship from Blu-ray to a subscription download service. Good on ya.
You'd be better off just keeping the old 'players' around and not jumping on every new bandwagon that rolls into town. You can still buy decent combined DVD/VHS players so its won't likely take up too much space on that front. I'm sure you've still got your 360 around and likely a PS3. So I don't see why you have to replace anything.