The new LG HR599D media player may be something of a Swiss Army knife, but at $1379, it doesn’t come cheap.

If that price wasn’t enough to make you look away, then you’ll be happy to know that the LG HR599D does offer reasonable bang for your buck: it’s a Blu-ray player, DLNA media player and dual-tuner PVR with 500GB hard drive, all rolled into one neat package.

If you want to break that down, that means that as well as playing your Blu-ray discs and DVDs, the HR599D can also play back content in a wide range of formats (MPEG2, MPEG4 AVC (H.264), SMPTE VC-1, DivX, DivX HD, MKV and AVCHD). That content can be delived in two ways, either via USB or from your home network (whether it’s Ethernet or wireless). Then, of course, there is the dual-tuner PVR functionality, which allows you to record, pause and rewind live TV. To top it off, LG has thrown in YouTube compatibility, so you can playback online content.

The good news is that the HR599D’s price tag is entirely justified. It’s easy to set up and use and handles most media very well. Blu-ray playback isn’t quite on a par with that of some high-end standalone players, but it’s still very good.

Buy a cheap Blu-ray player on sale in Australia

By Caroline Warnes