Pros: good compatibility, cheap, Netflix button
Cons: slow menu navigation, app startup
This device takes maybe 35 seconds to actually start up the Netflix app from the main menu. It takes a further 15-20 seconds or so to start streaming, and 7 seconds to actually stop once the "stop" button is hit. Fast-forward and rewind are similarly slow.
Once it starts playing it's fine, seems to be able to do high def and definitely does Dolby Digital Plus.
I returned mine and got a Roku. Way faster, worth the price difference for me.