Someone has figured out how to bypass the AACS copy protection scheme on the new HD-DVD format. HD-DVD players have been on the market since March, so this encryption scheme survived for approximately 8 months. The only thing that’s surprising about this is that it took so long.
I believe that in theory, the HD-DVD format allows the cartel that controls the format to blacklist compromised devices so that they won’t be able to play future releases. The story I linked to above doesn’t mention if this is likely to occur in this case.