It can play 1080p. I couldn't give a rats ass about uncompressed sound, and neither could anyone else who doesn't have a $15k speaker set up. I'd be willing to bet in a blind test you couldn't even tell the difference in a professional studio.
There's actually a fee attached to the blu-ray playback feature. So no it's not free. You also have to pay to put the drive in the box, which is also not free. The only thing a blu-ray drive gives you is blu-ray and dvd playback, neither of which is necessary to make a successful console. If MS wants to include an optical drive there's a ton of options that aren't blu-ray, could have lower disc costs and would still support DVD playback.
I buy a console to play games, I'd rather not pay for features I'll never use. Especially features that add size weight and power use.
Of course you give a rats ass, you don´t care about picture or sound quality. I am not suprised that you can argue from here until Hell freezes over about how YOU don´t need Blu-Ray movies, and hurray for you.
You even imagine that MS could just dig up a totally new Optical format that can hold the same amout of data and get disc pressed just for them and still compete with the price for a Blu-Ray disc. I think you are not only subjective, but you have something invested in this, you either hate Blu-Ray or Sony. You even pretend weight and power use from a Blu-Ray is a problem, do you carry your console around alot? Do you really think that with the amount of power the CPU/GPU/RAM is going to suck that a Blu-Ray drive will be a problem? Sony was able to take an insane power house, cool it and add an internal Power Supply, all this without breaking any sound records, unlike the competition could with an external power supply. I am not worried about 10-20 watt drives...
Blu-ray was cheap enough in 2006, flash will be cheap enough in 2012.
DD is already there, it's going to get bigger, its not going to be the only option.
It actually adds cost to the console. Probably $30 or so when you add the license fees and the cost of increasing the package etc. Flash would add cost to the media, just like blu-ray added cost to the media in 2006. The price for flash will come down. If they choose optical there's plenty of alternatives.. from high density red laser, to buying HD-DVD and modifying it. I actually believe holographic would be in line ahead of blu-ray for MS.
It won't cost them anything because they won't use it, unless the BD groups gives them a complete pass on fees there's no upside for them (aside from the people who won't buy their products anyway being happier).
Blu-Ray was f*cking expensive in 2006, it´s only getting cheap now. DD is useless in many of the Markets that these consoles are sold in "Hey lets cut of any potential sales from those that doesn´t have a speedy internet connection" Cool idea.. your promoted!
30$ is nothing for a Blu-Ray compatible Console and access to cheap storage. It´s easily made up during the lifetime of a console. And if you are worried about 30$ how can you then argue for "holographic storage" and a revival of a complete dead format? "Hey i see you got those lines of Blu-Ray manufacturing but we decided to put a HD-DVD drive into your console because we heard you like stone dead formats, dog!, then you can play games and buy old movies, dog!"
I don't see what bluray in 2006 has to do with bluray in 2012/2013.
It went from being an incredible good deal to be a defacto standard in Hi-Def formats.
Everyone can buy a HiDef movie now and play it at home. And with the next consoles they can still watch it without having to buy 10$ players that feels and looks flimsy from the cool brand "Chinex". Leaving Blu-Ray out for next gen would be incredible stupid, and i don´t see how Sony would ever be so stupid. Maybe the other manufactors are for different reasons, Sony hate, Piracy worries, "7GB is enough" or whatever.
But Sony has 3D movies to push and TV´s to sell, thank god.