Forget Blu Ray.....get a Roku XDS. I love mine.
http://www.roku.com/roku-products
The problem with the Rokus is they’re limited. For $50 more you can get a BluRay that will do everything the Roku does and play BluRay and DVD.
I am done with DVDs but I may be over downloading movies too since I discovered Angry Birds on Google Chrome. I piped it to my big screen via my laptop HDMI connection and used my wireless mouse to run it. Also played some old school Atari lunar lander.