I didn't know where to post a review, so let me put a mini review here. I purchased one on sale at Newegg for $59.99 I am very happy and it suits my application perfectly. I store all of my DVDs in native format (VOB/IFO) only. Pros: Least expensive unit on the market. If you are using native DVD format, it's plug and play Worked like a champ with my WD 1.5TB external HDD Cons: Internal HDD is configured (plug position) for Seagate Freeagent Go 2.5" HDD Component output, no HDMI Remote control a little flimsy. However, for the price, you can't beat it (IMHO).
Yes there is, but the $70.00 offset price didn't have value for me. I don't have a lot of 1080p content, so component @ 1080p is quite suitable.