...news emerged late in 2006 that Blu-ray copy protection had in fact already been beaten anyway, with both the AACS signal encryption broken, and critical weaknesses discovered in the HDCP ‘protected pathway’ system the format employs.
And despite Phil Harrison’s comments that the real copy protection for videogames on Blu-ray is the sheer size of the files themselves, Kotaku reported last November that hackers have already figured out how to use the PS3’s Linux system (which may in turn become a wellspring for the emulation of other consoles) to dump PS3 game files on to external hard drives and run them (or rip them) from there.
The Blu-ray landscape is evolving with the finalization of BD+ and other anti-piracy measures. Consumer Electronics device and media standards are intended to last 20-30 years or more. [The audio CD shows no signs of being supplanted by another optical format, this despite the music industry's occasional desire to move consumers to a new, more secure generation of formats and players that will delivery much higher sound quality.]
Thus both in gaming and High Def video, it's very early in the game (so to speak).