Blu-ray Piracy

The WSJ is reporting (subscription require) that pirates in Asia are providing high-quality copies of films released on Blu-ray discs.

Pirates are taking advantage of the fact that many viewers can't tell the difference
between Hollywood's new high-definition, higher-priced Blu-ray movie format
and a bootleg format -- called AVCHD -- that's a grade lower: AVCHD uses 720
horizontal lines of resolution instead of Blu-ray's 1,080, but still offers a sharper
picture than an ordinary DVD on high-definition television sets.