I'm so far behind and don't watch commercials (and don't talk to people who would tell me about a movie), that by the time they get released on DVD (... HD-DVD, or HD download) I can make some time to see it.
I go maybe once or twice a year, usually around Christmas and July 4th.
I've watched Lord of the Rings in the Theater and in HD on my HD projector (~120") at home, and I like my lazy-boy chair better. Their screen my be 6 times as big, but I am sitting 6 times as close to my screen. And the pure digital picture is great. I also find that the movie theater picture looks a little blurry, like they tried to blow it up too big or something. But it is probably the fact that they aren't using a true digital source and digital projector.
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