Backward compatable HD-DVD Players and movie titles are scheduled for release in a few weeks. Look:
Here for the $499.00 HD-DVD Player (& specs), and
Here for Warner Bros press release of initial title releases, and
Here for Paramounts press release of initially supported titles.
I'm not ordering until I can get confirmation that I can use a break-out cable to convert HDMI to DVI or Component. Otherwise, time for a new projector!