Why sell the player and the movies? You will hardly get any money for them and the money you do get won't even buy you a blu-ray player. Eventhough the technology is dead, the movies are extremely cheap. I would suggest buying all the hd-dvd movies that you want because most of them are like 10 dollars and the blu-ray equivalent (which are usually the EXACT same) are 20-30 dollars depending on which movie it is. It is a waste of money to sell everything and rebuy everything. But I know how people like having only one format and if you want to do that go on ahead. This is just another option.
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