I have this DVD/SACD player and I'd like to tell you I'm pleased, but I'm only partially pleased - features are there, but poor reliability. I'm actually on my third unit.
First unit was dead out of the box purchased on-line directly from Sony. Paid $200 and received 5 DVD's and 3 magazine subscriptions for free. Returned dead unit within 30 days to Sony and got a complete refund, no questions asked. No left channel audio output.
Purchased the second unit from soundcity.com for $185 plus $15 shipping. Unit was dead out of the box. No Subwoofer 5.1 analog output. Thought about trying a different make or model, but this unit was so fully loaded with features (including SACD format) for the price that I let soundcity.com replace it. They covered all the cost of shipping the new unit/returning the old unit.
Sonically, this is an outstanding unit... again, it is unbelievably loaded for $200. It works well with my other Sony components (much more reliable Sony ES top-of-the-line receiver and Sony ES 400 disc CD changer). Am hoping it will hold up.
Short version: Outstanding value and features; less than desirable reliability. Buy at your own risk!