I bought this to replace a WDTV Live HD, as I had problems using the WD with my streaming server. This player does everything it advertises, and does them as well or better than the WDTV, plus adds in a bluray player.
While not the best thing out there, it is a solid player, that does what's needed for a media player.
Pros: -- Plays video from any DLNA source. -- Does most major online video streaming services. -- Plays bluray/dvd, as well as local USB sources -- Easy to navigate menus -- Fairly regular firmware updates.
Cons: -- Slow, java based menu system. Not terrible, but takes a bit going from main to online apps such as netflix. -- Only wired ethernet - again not terrible, but for some who need wireless to connect, they'll have to look to a higher model. -- Changes to menu system in early firmware updates. Seems to have stabilized at this point. -- No digital optical audio output; only coax. Another minor inconvenience, for those of us not able to use HDMI for audio output.
Overall: Again a solid player, that does what it needs to, at a cheaper pricetag than some standalone media players. I use this with TVersity Streaming server, and have not found any format that doesn't work properly. Some tweaking was required, but it works for me.