Originally Posted By: eljefino
In a future of streaming 4K a 480i DVD file is going to seem quaint whether or not it's in native MPEG2 or compressed .264.
For most people, the difference between DVD and HD is not very large, as they don't sit close enough to the screen for it to matter. And 4k makes even less difference, as many movies weren't shot at anything close to that resolution (e.g. many of the early digital movies were shot at 1920x1080, CG animations often as low as 1280x720, and the early digital effects were usually only rendered at around 2k).
The big jump was VHS to DVD, which eliminated the horrible VHS colour bleed, added multiple audio and video tracks, and gave near-instant access to any point in the movie without winding back and forward through the tape. Everything since is just adding an extra layer of icing on the cake (and a whole load of problems, like Bluray players often needing firmware upgrades to support new disks).