VHS to DVD to Bluray

To be honest, I don't have a great opinion of BluRay. I watched a BluRay film recently, and there didn't seem to be any difference in picture quality from a DVD. VHS to DVD, there was a huge difference; DVDs had much better picture quality, and could hold much more information on them. Of course VHS has the advantage of having smooth fast-foward and rewind, and they are much harder to damage, but it was inevitable that DVD would take over as the main video format. I believe BluRays have more space on them than DVDs, but the picture quality isn't good enough to justify an upgrade. At the same time, I know that the time will come when DVD will be phased out, and when that day comes, I will have enough reasons to buy a PS3 (right now it's only RAC: A Crack in Time and Final Fantasy XIII). Rather than it simply being a superior product, companies are encouraging us to buy the BluRay releases by giving them extras that the DVD dosen't have. I feel that we reached the peak with DVD, and now companies are just trying to make more money from BluRay players and HD TVs.