It is always hard to switch from an old video format to a new one. For years, you probably stacked your DVD player on top of your VHS cassette player. Eventually, the market came out with an all-in-one DVD/VHS combination player. Luckily, the switch from DVD to Blu-ray is offering similar all-in-one options. In fact, most Blu-ray players are now automatically equipped to play both Blu-rays and DVDs.
The technology used to play Blu-rays and DVDs is far more similar than the technology difference between VHS cassettes and DVDs. Instead of being a completely different medium, Blu-ray and DVD players only differ in one area: the type of laser used to read the data on the disc. Thus, Blu-ray players just need an additional laser instead of a whole different system in order to play dvds. Thus, you will be able to use one player to view both your Blu-rays and your DVDs on your sweet new LED TV. Just remember to adjust your picture settings when you switch between formats; you wouldn't want to waste the image quality of your Blu-ray movie on standard settings, nor would you want to try to view a regular DVD in high definition mode.