Over the weekend, Slysoft announced the first official release of AnyDVD HD. Here's part of their press release:

At first look, the mention of "Added HD DVD and AACS Support" appears rather "so-so" but behind this annoucement exists a real revolution. For the first time, it is possible for the average user to get around the previously uncrackable AACS copy protection of the new HD-DVD generation with a few simple clicks of the mouse.

Officially, the film industry and the AACS consortium is, of course, not very happy about this development. However, behind closed doors, they are likely pleased to have learned from past experiences with the CD and DVD that the users are now finally able to make unlimited use of this new medium HD DVD, i.e to enjoy his "fair-use rights". It is expected that a real "boom" will occur with HD-DVDs.
If you'd like to check out the latest version of AnyDVD HD, you can download it directly here. Otherwise, more information can be found on Slysoft's website.