I'll wait until everyone else buys one for $1K, which will support building the second and third generation players. I'll wait for the dust to settle. I don't want to end up with a Betamax player. And, it's not something that will dissappear if I'm not first in line to buy one.
to jump in with both feet?
Blu-ray Disc Player, Movies Coming in May
Samsung will be the first to launch its hardware, with Sony and Pioneer expected to follow.
http://www.pcworld.com/news/article/0,aid,124890,00.asp
The Blu-ray Disc high-definition optical disc format will launch in the U.S. on May 23 when the first player and movies become available, backers of the format said this week.
Samsung Electronics will be first out of the gate with a Blu-ray Disc player. Its BD-P1000, which was first shown at the International Consumer Electronics Show (CES) in Las Vegas last month, will be available from May 23 at Best Buy, Circuit City, and specialist retailers, the company said in a statement.
BTW, the model number is the price.
Not me.

Chowhound
Comic Vine
GameFAQs
GameSpot
Giant Bomb
TechRepublic