I am looking for a new BD player and oppo sounds great do I understand that if your display is not 3d that you can make it 3d with this player, and if so do you need glasses and how good is it.
Not correct. You'll still need a 3D-capable display to view the 3D effect.
2D to 3D conversion in the player takes 2D material and generates a depth effect for 3D displays. The result is not as good as you'd get with 3D content, but many people seem to enjoy it, particularly given the limited amount of real 3D content out there right now.