You did not mention if you have a sound system and that could be a factor. There is already talk about HDMI 1.4 while the best now is HDMI 1.3 something. If you want the latest audio and video formats, I would wait till later for the Blu-Ray player. If you are, or think you might be, into games, the PS3 is worth looking into since it is a good Blu-ray player itself and the gaming aspect sort of tags along. Also, the PS3 has periodic upgrades through downloadable software to improve capabilities and fix problems. I don't think most stand alone Blu-Ray players have these upgrade capabilities but that is something others can elaborate on.