Funai announced the NB500 Blu-ray Player for release in the US in 2Q08 with an expected MSRP below $300. Funai is known as a ‘budget’ electronics manufacturer, and having them get into the Blu-ray player market is a good sign that competition will heat up and prices will come down even faster. It is a Profile 1.1 player, as all new players are required to be, but full details have yet to emerge.
There has been a deluge of Blu-ray news at CES this year, and really nothing of note from HD DVD thus far.