Multi-layer Red Laser Media the Cost Effective Solution?

I just read about Versatile Multi-layer Disc (VMD) on Wikipedia and found the link: http://www.nmeinc.com/ . While blue laser drives and media are very expensive, isn’t multi-layer red laser technology the short term answer? Multi-layer DVD-RAM would be nice! Yes, I’m thinking computer data uses rather than the over-hyped (IMO) movie industry uses, but the link above indicates that VMD is targeted toward the latter.