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There's an article in the current Wired magazine on this. The high end is dying, and the good enough mindset is what is currently selling.
Example. How many of you have abandoned the MP3 format for WAV or FLAC? Space is no longer the issue anymore, as I can buy a 16GB SD chip for $30 US (any quantity) over the counter here in DFW. That's 30 hours of uncompressed Redbook CD audio, per chip. An Ipod classic can now be purchased with 160 GB of storage (that's 300 hours of music, uncompressed). My entire uncompressed music library is only 270 GB currently. But there is no trend of upshifting format of anything, except maybe Blue-Ray, and the jury's still out on that...
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