The Society of Motion Picture and Television Engineers are the fine people behind nearly every way you currently experience AV at home, so after the inaugural meeting August 19 and six months to create a report (EE Times notes actually setting a standard could take 18-30 months, so don't move the furniture yet), really all that's left is to explain our Michael Jackson infatuation.
ENGADGET: SMPTE working out how to bring 3D home HD