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Same reason why some LaserDiscs still command big bucks...Some movies don't make it to newer formats quick enough (or seemingly ever) so the price of the old format stuff goes up.
Plain old VHS ain't bad but if I was stuck getting a video on an old format I'd prefer LaserDisc, S-VHS, W-VHS, D-VHS, SuperBetamax or ED Betamax to sub-NTSC resolution VHS(Though LD and S-VHS are the only formats I presently have players for).
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