Yeah, it will. I still use Redbox when they have what they want if I want it in Blu-Ray. iTunes' HD is pretty good, but it's no match for physical media even on my ancient 42" 720p plasma. But I don't know that grabbing a dollar from my wallet once a month is a sustainable business model.

Redbox is giving streaming a whirl, but frankly when I saw Verizon's name attached to it I didn't even bother.