How big is your HDTV? That's really what it boils down to. On anything smaller than a 32", unless you're sitting right on top of/up close to the screen, no, it's not worth it.
On my 60", yes, it's ABSOLUTELY worth it. On this size TV, DVD looks fringey and electronically edge-enhanced. On this size TV, blu-ray looks smooth and organic, with rich color and deep blacks. For all intents and purposes, blu-ray is film. You see more grain on blu-ray, grain that DVD, with its resolution limitations masks, but, on film-based material, grain is an inherent part of film, and should be celebrated.
And ANY film or HD-based material looks better in blu-ray than DVD. Doesn't matter whether it's a spectacle piece like Avatar or a cheesy comedy like Airplane! As long as the transfer was done correctly, from an original positive print transferred right from the film negative, or directly from the original HD file, with no additional noise-reduction or any other post-processing induced, HD material on blu-ray looks great.
And I can't BELIEVE how good Airplane! looks, BTW. Paramount really outdid themselves in this transfer, of the Zucker Brothers airline disaster spoof. Even the color blue on the blow-up "automatic pilot" is deep and crisp. Airplane! is obviously one of Paramount's most beloved titles, so they knew it would be a big hit on blu, and spared no expense on the transfer.
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