Strengths: Plays everything, 1080p upconversion, USB 2.0, HDMI

Weaknesses: Doesn't support long file names over USB :(

Summary: I was about to buy an Oppo 970HD when I heard about this new Philips player. Found it at BB for $69, so I took a chance. I'm glad I did.PROS: cheap, upconverts to 1080p, HDMI output, very good picture quality (Mediatek chipset), black finish, slim, plays everything (including NTSC/PAL), USB 2.0 port (media must be formatted as FAT32), plays divx files, supports Dolby-Digital and DTS passthru (even though it isn't mentioned in the manual), adjustable audio sync, easily hackable to be region free, screen saver, firmware upgrades.CONS: doesn't support long file names over USB, doesn't support HD divx files, no optical audio out (only coax/rca), remote is kind of cheap, menus are a little unintuitive, doesn't seem to have an "upconversion-over-component" hack available yet (like the DVP5960).To sum up, if you don't need optical out and can get around the annoyance of short file names over USB, this player is terrific! Who knows, maybe Philips will release a firmware to fix these minor issues (fingers crossed).BTW, if you add a FAT32 formatted HD, it becomes a pretty decent poor man's home theater PC. A BIG thumbs up!!