"Absolutely great for it's price"5.0 starson by ManattanFirst
Pros: Very easy setup. Connected easily to all my network drives and media servers. Great Video and Audio playback quality. Supports all my required video, audio and subtitles format, has a great iPhone Remote Control application (www.wdtvremote.com).
Cons: Menus are a bit unintuitive, thus I'm mostly using the 3rd party iPhone remote control application. They could also do a better job with showing movie sheets.
Summary: After using AppleTV for 2 years, trying D-Link Media Lounge, Roku's device and others - I've finally chose WDTV over them. Mainly for it's price value. It provided me all the functionality that I needed - connectivity to my network shares for streaming movies and music, with a very simple and intuitive setup. The playback is smooth, no hick-ups or jitters or anything else I've experienced with other streamers. So far - all my file formats are supported (including support for subtitles). What could I ask for more?