I say that VHS will survive for two reasons.

1. You can still buy tapes. CDs have been out for over a decade, yet you can still buy tapes.

2. DVD rental sucks. People don't take care of them because they don't own them and they leave them places and they fall down and get scratched, etc. VHS has media-protection mechanisms. For videos I am buying, I only buy DVDs now, but if I'm renting, I want a tape.