I talked to a Cambridge Audio Rep to verify what formats it will play. CD, CDR, CDRW, DVD-A, DVD video, MP3, and Kodak picture CD. They don't advertise it but ir's suppose to be able to play most DVD-R, DVD-RW, DVD+R and DVD+RW.
I'm also interested in getting one, all the reviews I've read support the fact that it's an excellent player even comparing it to more expensive models. I'm also thinking about getting a universal player. If I go this route I'll wait till the new models come out.
Good luck,
mark4x4