03-08-09: Eastein
... while VHS still works, most would agree the industry and general public has moved from VHS to DVD and is now heading towards downloads and Blue Ray.
VHS is not a good analogy with DVD or Blu-Ray because VHS is used primarily for recording purposes whereas DVD and Blu-Ray are not.
Now, if you are speaking about these formats strictly from the playback aspect, then I agree that VHS is largely obsolete. However, playback is not the primary purpose of VHS by users today.
VHS versus Tivo would be a better analogy, IMO.
A niche market does not equate to obsolescence. If your argument is that CDs will become a niche market, then I agree. In fact, I would say this is quickly becoming reality.