Yesterday, the Blu-ray Disc Association reported that the 3D Blu-ray specs have been finalized.
"The Blu-ray 3-D specification allows PS3 game consoles to play back Blu-ray 3-D content in 3-D. The specification also supports 2-D discs in upcoming 3-D players and allows 2-D playback of Blu-ray 3-D discs on the large installed base of Blu-ray Disc players.
The Blu-ray 3D specification calls for encoding 3D video using the Multiview Video Coding (MVC) codec, an extension to the ITU-T H.264 Advanced Video Coding (AVC) codec currently supported by all Blu-ray Disc players."
Only downside is that you'll probably have to buy a new TV. Or maybe not.