Not really. VHS won because it was cheaper to produce, had longer running times, compatibility, etc.
Bluray is actually the worse one with horrible slowness in loading and unnecessary use of java, (it's got advantages, but it's one major advantage is platform independance, yet bluray is hardly a cross multiple platform for movie playback, so a faster language should be used), expensive players (ps3 is practically required if you don't want the next beta release of the bluray spec to turn your player into a brick, and just to plow through the processing required to just play a movie), and has more drm layered on it with region locks.
Bluray won because of ps3 sales being counted as players and people just thinking sony are good.
And it's also ironic that people think that sony owns bluray, they don't. There's a long list of other companies that are on equal footing with them and above them. So just don't purchase sony branded hardware.
And the second ironic is that toshiba worked with ibm and sony to make the cell processor.
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Yamaha Maxim Xj750