This has really been one crazy week for all those big “wars” out there. The Election Primary is coming to a head, the Writer’s Strike has ended, the hardware sales have gone completely topsy-turvy, but perhaps even crazier than those, is that long running format war is about to come to a close.

As with all these things, it wasn’t too hard to see it coming, especially with the length the high def format war has been going for. Most individuals declared the format war completely over when Warner pulled out, and truly it has been a tailspin ever since. Toshiba has made some valiant efforts. Their players are relatively extremely cheap compared to Blu-ray. Fire sales have done some, but certainly not enough to make a difference in the growing gap, and they even put out a Superbowl ad.

But sources tonight are reporting that this isn’t enough, and analysts say it is only a matter of weeks before Toshiba pulls out and the world goes Blu-ray. Naturally, the format war is extremely relevant to the videogame industry, as for better or worse, the PS3 banked a lot on Blu-ray and its performance. With the end of the war in sight, and consumers confident they have the winning format, could the PS3, the lagging system of the bunch suddenly have a major turnaround? Being one of the cheapest Blu-ray players available, if the public really started jumping on Blu-ray in a major way, we could be looking at a whole new ball game.

You can read the story that just went live from the Hollywood Reporter, a fairly reliable new source, which is reporting the end and all of its implications.