Blu-ray is the next-generation digital video disc. It can record, store and play back high-definition video and digital audio, as well as computer data. The advantage to Blu-ray is the sheer amount of information it can hold:

A single-layer Blu-ray disc, which is roughly the same size as a DVD, can hold up to 27 GB of data -- that's more than two hours of high-definition video or about 13 hours of standard video.