Muslix64 who successfully bypassed HD DVD's AACS Protection, has managed to do the same with Blu-ray, according to this article in The Register. There's a forum thread where he goes into more detail here .
I think that the first one was HD DVD and the latest is Blu Ray?
If you cannot do someone any good: don't do them any harm....
As long as you did this to one of these, the least of my little ones............you did it unto Me.
What profiteth a man if he gains the entire World at the expense of his immortal soul?