This player was briefly discussed in a forum thread earlier this year. That's how I found out about it and I'm really glad I did. While it was marketed as a Blu-ray player, it seems Sony was attempting a nod to audio enthusiasts. The player got flogged by a few "home theater" reviewers for not being a native 4K Blu-ray player - since that was the current buzz amongst the HT crowd. I had little interest in its video virtues and was primarily interested in its audio acumen. From all the formats listed, it appeared it would play just about anything I might be interested in. But what did it sound like? Shortly after reading the posts here, I found the player at Best Buy for $200. Was Sony giving up on it that soon? It seems so. I bought one at that price and it has proven to be the best deal I've ever gotten. At the original list of $349, it's still a bargain, I think. For you DSD enthusiasts, it will play those files from a DVD-R or BD-R or off a USB thumbdrive or attached harddrive. I can't say for sure it works over the network, I haven't tried it - I have all of 2 DSD files. I've streamed WAV, FLAC at 16/44.1 and 24/192 over the network as well as playing off storage on the USB port connection. No, it's not a USB DAC though. But it will play your SACDs. I've spent quite a bit of time listening to the H1 through a couple of systems I have and through headphones. I should say I gave up on single box solutions for CD playback in the mid-90s. None of them sounded good to me. So I went the transport/DAC route then and haven't looked back. The H1 (and the Teac CD-H750) have convinced me (at least a little bit) that there are some good sounding single boxes available. I am duly impressed by the H1 and really can't say enough good things about it - especially given its price. Then again, I am getting old, so it may be that it doesn't take a lot to impress me now. In any case, in my opinion, the H1 is one those great opportunities that have come and gone with little fanfare. I've seen a few used ones are still available at $225 and up. Yes, I did buy a second one at Best Buy before they were gone. I put it on my main system. I copied all my digital files off the SSD on my laptop to another SSD and plugged this into the H1. Since the H1 is video centric, I installed one of the myriad available 7 inch LCD monitors on the corner of one of my racks and ran a lightweight HDMI cable from the H1 to it. Great sound and convenience too. Normally, to listen to digital files involved powering up the laptop (giving Windows 10 or 15 minutes to thrash about and send all my personal information to Microsoft) and DAC, bringing up JRiver and then selecting songs. Now, I power on the H1,select the SSD onscreen and go. Does the H1 sound as good as my Oppo HA-1 or Sim 280 DACs? If you're going to go hyper-critical with your listening, then the H1 will fall short. However, the H1 is musical, a pleasure to listen to and no way would I kick it to the curb. So, if you want something that sounds good (boy, is that a fuse waiting to be lit) and is just simple and easy and cheap and crammed with features, the H1 is a good choice, in my opinion. Oh, and it does play video stuff too - pretty well as far as I can tell. And no, it won't play your IFOs from your ripped DVDs.