Pros: I love that you can setup a server on your PC and have .mkv files that just work. They will even display with subtitles if that is in the video file. Picture quality is very good.

Cons: Just wish it were a bit bigger =), Also wish it had bluetooth. Was able to connect a keyboard (with a track pad) but it has to use the keyboard USB dongle to work. Also, this does NOT work with the magic mouse. You have to go to the next higher model to get that to work.