Hi Walter, I suppose it all depends on your definition of “exorbitant”.
I am in the UK and the current prices for a Blu-ray DVD Burner are around £600 as compared with £60 for a standard DVD burner.
Discs are around £10 each. When I can burn a normal DVD for under 20 pence, I think you will realise why I consider the Blu-ray prices exorbitant !
Burners 10 times the price and discs 50 times!
In a couple of years or so, those prices will have dropped to around £100 and £1 respectively and I will then consider them to be reasonable.
I think you may have slightly misunderstood my intentions. There is no way I would keep the HDV material stored on my HDs when I have it on the original tape.
I will keep the original tape and then, if necessary, I can re-edit it at a later date and burn to Blu-ray.