Is HD-DVD Dead?

From TimesOnline: Blu-Ray takes inside edge in war with HD-DVD

Paramount yesterday emerged as the latest major Hollywood studio poised to switch allegiances.

Despite the huge armies of technology companies ranged against each other in the format showdown, Paramount has turned out to be a pivotal figure. Its decision in August to give exclusive backing to HD-DVD was seen as a potentially devastating blow to the prospects of Blu-Ray, and to the strategy of Sony’s president, Sir Howard Stringer.

Finally! It seems like this is the final nail in the coffin for HD-DVD. I really didn't care who won, just that someone won. Now, Blu-Ray will get critical mass and we'll start seeing prices for players start to drop.

EDIT- From Wired.com: Paramount Denies Rumors It's Switching to Blu-ray