Yep got to add to the chorus of approval by also saying it's great as a media player, will play DiVX, and now Xvid with the latest update. Also Mpeg 1, 2, and even BBC HD DVB-S H.264 streams. Very nice. And it does it all wirelessly. Lovely. Funnily enough I havn't even bought a single game for it yet.
Oh, and it upscales DVD's very nicely too. I can't fault it. I love mine.