For a good portion of those 10 years, there wasn't a more efficient way to access the data, since it took a while before Blu-Ray and HD-DVD were cracked.
Also, the maximum data rate is fairly irrelevant, it's the typical data rate that matters. 1080p60 is 1.34 TB/hour.
"Blu-Ray" was officially released in June 2006, individual title/production house keys were cracked during 2006 and AACS was cracked at its root in the beginning of 2007. Both Blu-Ray and HD-DVD were cracked wide open LONG before either was remotely popular.
If by "cat and mouse" you mean "the cat takes a day or two to learn how to find and eat each new type of mouse but having done so immediately eats such mice the instant it appears almost as if the mouse is teleported into the cats mouth" then yes it is. The reality is that the cat always catches the mouse, and engineering new types of mice costs money, so most blurays don't even bother. Its amazing that they bother at all.
But if you meant, "a contrived action involving constant pursuit, near captures, and repeated escapes." then, no, I'd completely disagree. Its a pretty straightforward, routine process, guaranteed to end only one way.
Also, the maximum data rate is fairly irrelevant, it's the typical data rate that matters. 1080p60 is 1.34 TB/hour.