HD DVD DRM Cracked? So Soon?

Reports are hitting the press that an enterprising hacker has cracked the Advanced Access Content System DRM for HD DVD high definition discs.  He was annoyed that he couldn't play his video on his computer even though he had the drive and monitor.  The video card was the culprit that stopped playback.  Muslix64, as the guy is known, gave himself four weeks to break the DRM.  It took him eight days and he couldn't believe how easy it was.

It can't please Hollywood that the code was broken so fast.  All the effort that went into creating a hard-to-crack anti-piracy system may be for naught, especially given the experience with programs that rip protected standard DVDs.  That's the problem, though.  As long as there is a legitimate way to play back content there is likely going to be a way to modify or bypass those controls.  Is a hack for Blu-Ray that far behind? 

Stories are in the IT Wire, the Inquirer, and Techtree.com.