Okay, thanks, Al.
Well, looks like I'll be getting a blu-ray burner then. Not for my home movies, although I do like to be able to "enhance" them sometimes, when the subject can benefit from it.
But for a fiction movie, I like to at least colour grade the footage. I think anything that adds a slight "remove" between the screen and the audience is good. Straight video always looks too "Right There", and I think that diminishes the movie-watching experience just a little.
Also, I've got all these compositing and spfx programs, and well, you know....
