http://panasonic.ca/english/audiovideo/bluray/DMPBD55.asp

I have heard this is a great blu ray player at a reasonable price. I think I've seen it around $320 or so online. What is your thoughts?

Check Amazon.com for the Sony BDP-S550.
It is like $318.00 including shipping.
I had a chance to try one and it was very impressive but I am waiting for the Oppo BDP-83.

The BD55 and its lesser cousin the BD35 are very tempting, however I'm also waiting for the OPPO BDP-83. Besides blu-ray capability, I like the OPPO's ability to upconvert SD-DVDs using ABT's technology. If I already had an OPPO DV-983H in my system I'd probably buy the BD55 to get the analog outputs.

I installed a BD35 for a friend. Playing on his new Panny 1080p/24 front projector, the Blu-ray picture is excellent.

I own the BD55 and it upconverts DVD's just fine. The picture quality is almost as good as a bluray disk.

I just added the Panasonic BD55 to my HT. I love it. Audio using the 5.1 analog outputs is simple amazing when watching a action movie. SD audio on DVD's doesn't hold water to the Blu Ray audio tracks.

FYI -- Just got the BD55 from Amazon for $240 through an American Express offer. If you have an Amex Card, go to http://mywishlist.amexnetwork.com/?cid=hwl08-dm-prop-elecrocintshopmodel and every so often there are certificates good for 25% off your entire Amazon purchase (up to $125 back, only through Amazon, not third parties). The trick is to be on-line at the right time and be one of the fortunate ones to get a certificate. The next set of certificates comes up at 6 p.m. EST.

I could not get in until after xmas so I missed out on that Amazon deal but I just ordered it at 6th Avenue Electronics for $324.00 no tax and no shipping fees. I can not wait to try it out when it arrives! Thanks everyone!