Pros: Audio and Image quality are very nice.
The reason I bought this player was to watch blu-ray movies. And it excels at that. The picture quality is very good. It will send a 24p signal to my projector via HDMI, which is also nice.
When I hooked it up and watched my first blu-ray disc (Tropic Thunder, if you were wondering), the step up to HD was obviously there, but what immediately jumped out at me as the biggest difference was the sound quality. There was so much improvement over a typical DVD or broadcast soundtrack that it was stunning. The dynamic range was opened way up, the overall quality was beautiful. It was, in my opinion, just as great an improvement as moving from Dolby ProLogic via Laserdisc to Dolby/DTS 5.1 via DVD. It was that drastic.
The player offers Panasonic's VIERAlink panel, which has Netflix and other various streaming options, but I don't use them. I don't even keep it plugged into the internet at this point --- I check for firmware updates every now and then, but don't bother with the VIERAlink features at all. It does not offer 3D, but again, I don't care. 3D is something I rarely choose, even when seeing something in the theater. I definitely don't need it at home.
I'm using the DMP-BD60 connected via HDMI to a Marantz AVR, then on to an Optoma HD20 projector. The menus are fairly sparse, so even though they're not the most intuitive, it doesn't take long to find the settings you're wanting to adjust. I have it set to send a 1080p24 signal via HDMI, and it looks fantastic. The remote is pretty typical, not great, but I also rarely use it. My Marantz remote is able to control the basic functionalities of the blu-ray player, so I rarely need to pick up the Panasonic remote.
This is an old player, and it is SLOW. It's slow to boot up, it's slow to load a disc, and it's just plain slow. But, quite frankly we're generally still getting situated and messing with blankets or ottomans or drinks or something while it's loading, and once that movie starts, it's just fantastic. We rarely find ourselves waiting for it, but it is noticeably slower than newer players.
One quirk that is notably annoying since I've added the Optoma projector is that, sometimes when going from preview to preview, or from video into the menus, the player stops sending a video signal altogether, which causes the Optoma to spend 10 seconds or so finding and re-syncing to the signal. This is not evident on all displays - it didn't have any effect when I had the player connected to a Panasonic professional plasma display, and it didn't happen with our old Epson 720p projector either, so it's apparently a sensitivity in the Optoma. Regardless, it doesn't happen during the main program, only when moving from asset to asset on the disc. It also only happens with some discs and not others, so it's also apparently inherent in the way a disc is authored.
DVD content looks great upconverted out of the player. It's obviously still limited, but it looks fine. And DVDs load much faster. It's pretty comparable to a standard DVD player when it comes to loading time on DVDs.
Overall, I've been very happy with this player. It's the first blu-ray player I ever owned, I've had it for 4 years or so now and it's still working just fine. I'm planning on getting an Oppo when this one finally dies, but it just won't die! Even though it feels a bit flimsy (actually no more flimsy than most typical big-box consumer blu-ray players), it is apparently built very well and keeps chugging along. I'm very happy with the purchase, I've gotten more than my money's worth (this thing was over $300 when I bought it), and I highly recommend Panasonic in general.