I'm quite impressed with this unit. The wait times are not too bad at all, and as others have said, the picture quality is excellent. Standard DVD upconversion is excellent. There are a few minor issues that I've found, which I'll get to.
Setup out of the box was quick and simple. I plugged it in and set a few audio options, video needed no adjustment from the defaults.
The network setup wasn't too bad, but I did have some issues with encryption. I also purchased a new wireless router to replace the near-decade-old Linksys I have. I tried two different encryption types, and both both times the player could connect after entering the key, but refused to obtain an IP address. Disabling encryption on the router caused the player to obtain an IP address quickly, and setup was complete. Currently I'm running without encryption but with MAC address filtering. I'm okay with that, but I might go back and try encryption again now that I've downloaded a firmware update for the router. Other reviews state no problems setting up with encryption, so the problem might be specific to my setup.
Netflix functionality took a few seconds to set up. Anything in your "Watch Instantly" queue is displayed in the Netflix menu and you can rate any of them from the player. Unfortunately, at this time there is no ability to browse or search for anything that's not already in your queue. With the right connection, the higher quality video is quite good - as good or slightly better than standard definition cable. At this point, audio doesn't get any better than stereo, and while it's not crystal clear, it's not bad. Hopefully some new features will be added in future firmware updates.
I did a firmware update this morning (it wasn't available yesterday), and now there is a new menu item for CinemaNow. I haven't messed with it much, but apparently you can "rent" a movie for around $3.99 or "buy" a movie for $15-$20. There's a section for TV, but it merely says "Coming Soon". I don't see the point in this really, since Netflix covers the rentals (for much cheaper), and the movies seems to be the same price as going out and buying the DVD. I'd rather have the DVD than an over-compressed soft copy for the same price.
I can't get the Media Server stuff to work at all [fixed! -- see updates below]. So far, I've dedicated about 6 or 7 hours to getting this to work. None of the other reviews have mentioned a problem with this, so I guess it must be me. I installed the included Nero MediaHome 4 Essentials software, and added a directory to share. I started the server fine, but the player constantly tells me "No Server Found". I have tried two different wireless routers and an infinite number of settings adjustments. My firewalls are off. I just can't get a break. As a software engineer with a degree in the field, you can bet that it's pretty frustrating for this to beat me. I'll update the review if and when I get it working. Others have not had the same problem as me, though. So I imagine that this is NOT a problem with the player.
There are also a number of little features related to the playing of DVD's and BD's that I like. The player remembers each movie's last position when it was stopped and/or removed. So the next time you start up that movie, it will resume where you left off.
The video settings are reasonably full-featured as well. Brightness, Contrast, etc. are all adjustable, and you can adjust colors manually. Upconverted DVD's have a couple of NR options, and there's an auto-contrast feature which seems to work pretty well. There's also a zoom feature that let's you zoom in on a part of the screen to get a closer look. That's cool.
Overall, this player was definitely worth the money for me. I'm looking forward to the day when I can get the media server working, but even without that feature, I love this player. It's worth every cent. Great video, great audio, and instant Netflix that doesn't involve me using composite cables to mirror my laptop screen to the TV.
