Bleach has lots of great episodes, at least one really good video game tie in and Bleach merchandise has been a big seller at every anime con
I have been to. It seems odd to me, and others that I have talked to, that no one has sewn up the license for this series yet. Is there
some reason for this? Are you sick of licensing question yet?
Here's the thing: the anime industry doesn't really operate exactly as it used to in the early '00s. Bleach is a Viz title (and a major cash cow for them). It doesn't have to be "licensed"; it's owned by Viz's parent company, Shueisha. They don't have to "license" titles. If you see it in Shonen Jump, odds are (unless they decide to license it out to another American company, which does happen from time to time and has happened in the past) Viz will eventually be releasing it on TV and DVD. Now, to be fair, this is a relatively recent phenomenon; Viz is now focusing on developing franchises based on Shonen Jump properties, and obviously, licensing out what's sure to be a smash hit anime would be kind of a mistake.
It would be a fair assumption on your part that Viz currently owns Bleach. There's a small chance that they'll license the title out to someone else, but given their current marketing strategy, I highly doubt that will happen.