Can't talk to the blueray part, but I know I got a really nice, cheap, DVD player that plays everything else including DivX format. It was from Phillips and it was something like $50. The build quality wasn't the best, but it works great. The only issue I had was that I tried using the RGB out since my TV supports that (to keep open another input), and the output was all blue! They had something messed up in the wiring. I took it back and exchanged it, but the same thing happened on the next one. I figure it was either a screwup at the plant, or mismatched specs. Either way I just went with the standard component output instead and it has been working great ever since. If they offer a Blueray version of it, I wouldn't hesitate to suggest it for price/performance, but don't be surprised if you have to work to get it setup just right if you don't use the most common setup.