Jmcgrogan2 and Nealb, Beta was a video delivery system developed by Sony to compete against VHS.
Sony did make a mistake, they felt people would pay more for a better picture, they found that the masses don't care. Beta is still used professionally today.
SACD is again the better system, and it's still unknown as to wether the masses care.
The reason Sony and Phillips have created this format is because the license agreement to be paid royalties for the development of cd is about over, and therefor they stand to lose billions of dollars if they are not successful in cornering a new format.
The discussion of Sony and there mistake with Beta is funny to me. Yes they lost that one, they still own the market of VHS and they have owned the cd market for 20 years. Sony has nothing they need to prove folks. They have a massive marketing department, they have developed and improved electronic audio components, tv, computer, blah blah blah. Just because they haven't gone and made $20,000 cd players doesn't say they are incapable of it, they just don't need to. If you want to not buy Sony than by all means go back to vinyl, Oh but don't use any labels they own or any electronics they helped develop.
25 years ago I bought a Trinitron tv and two years ago an SACD player. Both are fantastic products, but then again both were there top of the line. The t.v., still works better than 95% of what's out there. The SCD-1, well those sitting out are losing, not Sony and not me! J.D.