Summary: Contrary to what others have said, this is not nearly as good as an oppo. I have had many compatibility problems with different disks and formats. I dont know what program others are using to get thier avi files, but right in the manual it states that it does not play divx, does play xvid. I have no idea why it is like that, but it is hit or miss on any format it plays. Many will play but have artifacting, very severe on mp4 files, just some dots on avi's.
Summary: Beautiful looking player, sound and picture were amazing for the first 30-50m of any movie (blu ray or dvd), until it freezes, then shuts down. Every disc. Then when you start it again it freezes again very quickly, in a minute or two normally. And now the price is back up to normal so I ain't spending that after getting one for $150. Thanks JVC, for a second I loved you again. Glad this is not the case for most folks but watch it.
Summary: UPDATE: I mistook the specs of the european version for the US one. Do not buy this if you want it to play DIVX files. For that I suggest: Western Digital WD TV Live Plus 1080P HD Media Player Brilliant! My top-of-the-line ([...] special) sony blu-ray player doesn't even play Mp3 - yet alone Divx, Xvid, h.264, MKV, Mpeg-4 etc... What a disappointment that electronics manufacturers seem to be decreasing the availability of file formats on their players. JVC to the rescue!