Cheap HD DVD player on the way?

It seems like ever week we're hearing new evidence of either HD DVD or Blu-ray pulling ahead in the format war. This week is no different. Apparently Wal-Mart has teamed up with a Chinese manufacturer to make an inexpensive HD DVD player.

How inexpensive? Try $299. Granted, Wal-Mart isn't exactly known for carrying products of the highest quality, but for $299, it makes being an early adopter just a little bit easier.

Sadly, the machines aren't due to actually be released until 2008. That's still a long way away and many factors can turn the tide.

HD-DVD Wins: $299 Player On The Way [via crunchgear]