I get the impression that a press release is imminent, containing a fair bit of info on the upcoming release(s)... but I think I'm allowed to mention this though that might please fans here:
it will definitely be in Widescreen, and while we aren’t planning a Blu-Ray (cost prohibitive), we will release HD versions digitally (iTunes).
Widescreen confirmed is excellent news, I will definitely be buying the season 1 DVD collection.
Unfortunately digital HD versions on iTunes and similar services, never look quite as good as Blu-Ray discs.