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Settle down 3D fans, the solution to all of your high-def 3D woes is finally here in the form of 3D Blu-ray. Word has been swirling about the format for the past year or so, and now the Blu-ray Disc Association has announced that the specifications for 3D Blu-ray have been finalized.

The key bits: 3D Blu-ray will use the new Multiview Video Coding (MVC) codec, which is an extension to the MPEG-4 AVC codec we use today on BR discs. MVC only requires about a 50% storage overhead, compared to the 2D version of a film, and both the discs and players will also be backwards compatible with existing 2D Blu-ray tech. To actually take advantage of 3D Blu-ray, you’ll need a 3D BR capable player (the PS3 will offer an update to support it), glasses — and most likely, a new HDTV since only newer sets support stereoscopic 3D.

Clearly, nothing can go wrong with this plan, and 3D Blu-ray will soon take over the world.

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