Onkyo is best known for its home theater systems and AV receivers, but the company also produces both Blu-ray and DVD players. Today, Onkyo announced the latest Blu-ray player in its line, the DV-BD507.
The DV-BD507 is the company's first Profile 2.0 player, which means it can play back BD-Live features available on some discs, although you'll need to have an SD card in the slot to download the content. (There's no onboard memory.) Like virtually all the Blu-ray players this year, it has onboard decoding for Dolby TrueHD and DTS-HD Master Audio Essential, so you only need an HDMI-compatible receiver to take advantage of those formats. There's also for support Deep Color and x.v. Color, but since we haven't seen any Blu-ray content that supports either format, you're unlikely to get any benefit out of this.
The DV-BD507 is available today with a list price for $450, but it's hard to see how its basic feature set will be competitive at that price. LG's BD390 costs $50 less and offers Netflix and Pandora streaming, built-in 802.11N Wi-Fi, 7.1 analog outputs and 1GB of onboard memory. Perhaps the DV-BD507 has superior build quality, but we imagine most consumers will go for the extra features.