Summary: Despite the problems above and the 3 egg rating, I do actually like this drive- I don't see myself using it all that much to do anything but rip new CDs, watch movies and emulate old playstation games, but it works precisely as intended.
Pros: Does what it says it does. It read and writes DVDs, and is capable of reading blu-ray.
Cons: As stated in other reviews, it's not capable out of the box of actually doing anything with blu-ray. I'm still testing out different programs to find one that's optimum for this.
Summary: This is where it gets interesting. I bought this drive having no knowledge of Sony's completely obnoxious digital rights management on their BluRay technology. Since this drive is an OEM, that means it doesn't come with software, which normally isn't a huge deal for media drives. If you buy this drive, and it will play your DVDs, but won't play your BluRays, that means you don't have the required software to play said BluRays.
Pros: The drive works well so far, it's read speed is good, and it's write speed is decent for the price, and it looks good in my case.
Summary: A good little drive. I would purchase again but remember you need to get some kind of software to allow your PC to play BluRays since it is not built into windows or any free video player (at the time of this writing 12/04/2012)
Pros: Plays Blu-Rays, DVDs, and CDs
Cons: Doesn't come with any software to play BluRay discs (though this was expected)