I think burning to disc is a way of the past.
www.vimeo.com takes video uploads at HD quality (720p). I have edited and burned DVD for around eight years and am happy to say - I have my while DVD collection on hard disc (PS3 attached to HD tv). As for sharing with my friends vimeo does this nicely for me and saves the hassle working out DVD formats with everyone.
Obviously you have to keep your videos short. However I upload a 5 minute video each week and that is all most people can stomach.
PS: this is much cheaper than burning to Blueray (£10) per disc. Also avoids longer term issue of your DVD colellection laminating.