Pros: Cheap on used market, Analog 7.1 out, decodes all formats, great picture quality
Cons: A bit slow to navigate new Blu-rays and startup, a little noisy
When I first got it, I hooked it up via the analog multichannel output, and that worked well, but then I upgraded to an HDMI receiver and that made it even better. I have an older HDMI receiver (Marantz SR7001) which doesn't decode HD audio, but does take Multichannel PCM, so the Sony decodes it and sends the audio over as MPCM and it performs flawlessly.
I have not tried the media and streaming capabilities, but I suspect they are quite rudimentary.
Video quality is great, and DVD upscaling is great, although I have never seen the cream of the crop Oppo players, so I don't know what I'm missing. I think you can buy these on eBay for around $40-50, so at that price, you should be pretty happy, I imagine.