Will it ever end up on blu ray?

In a heartbeat. Hopefully Sony get off their arse and put it out or let some other company take stab at it... *cough* Powerhouse Films *cough*

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500 years ago on the planet Zeist

I wish. I shelled out a pretty penny for the DVD, and it's only gone up in price. I really loved this movie, but it has a limited audience. It doesn't seem many people have heard of it.