Format Wars II: Attack of the standards

Let us now consider the advantages of having multi formats.
For one thing, since more people work on more standards you get the standard diversification benefits. And then there are the technological bottlenecks that some technologies bring with them from birth- it's much easier to rectify these in a totally new format rather than working on fixing the bug through countless debugging sessions. The thing is after you realize there is a bug you can figure out what went wrong where rather easily, but since software and codecs are huge intermingled webs of solvatory code you can't be entirely sure what else might go wrong if you rectify that small problem that faces you.
Then you come to realize that average consumers being able to work their way around next gen media like pros will have a lot of cautious people weary(but most geeks and hackers out there always find a way around the ever increasing barriers that corporations impose consistently).