heise online has reported that the AACS LA has failed to come to agreement concerning the final specs for the new Advanced Access Content System (AACS). According to the article, this delay could push back the release of both HD DVD and Blu-ray products by at least a month.
Last Friday, the meeting of the AACS LA was to resolve the final specifications of the new Advanced Access Content System (AACS). But insiders are reporting that no such agreement was reached. Instead, it is said that an important member of the Blu-ray Disc Association is still voicing concerns about the interaction of AACS and the additional BD+ protection for Blu-ray movies. The next meeting is scheduled for February 23rd and 24th.

Without the AACS specification, the copy protection keys that manufacturers of drives and media need cannot be produced. For instance, manufacturers such as NEC, Pioneer, Samsung, and Toshiba are eagerly awaiting the specifications so they can implement AACS in their equipment.
Let's hope that they can come to some sort of agreement at the next meeting. If you'd like to read more, the entire article can be found here.