Simultaneous release, with no region coding and subtitles in multiple languages is definitely the way to go.
Heck, I wish they would consider this for DVD as well, not just BluRay.
If Frontier get's this treatment, I'll probably bite the bullet and get a BluRay player.
Heck, even though I'm far from rich, I don't mind paying Japanese prices for discs if it's for a show I really like.
Graham