I got my Elly Blu running this PM with 10 mW. It won't pop a balloon but will deflate it with a pin hole. Needs really good focus to do it. I'm at 39 to 40 mA.
If you are really wanting to see your blu-ray in action and don't want to wait for you components then you can take the short cut and just mimic the blu-ray phaser guy by adding a 150ohm resistor, a button and a 9v battery clip with a 9v battery. I wouldn't suggest doing this as a permanent solution but more as a temporary one.
edit- sorry.... :-/ I just realized that you probably don't have the diode yet either.