DVDs to PC to TV...wirelessly.

First install anydvd/hd to rip your content to your pc, although I would get either a nas or an external hdd because all those dvd's will take up room. Then get a WDTV live or boxee box or netgear player. I don't think the Roku players can stream from a pc or a hard drive but I may be wrong. Figure out what format you will be ripping to, like mkv or ts etc and find a player that can stream it and also handles Pandora. The ripping is the easy part. Finding the player is the hard part. No one box does everything.

I'm not sure that you should rip video from dvds, just because of time. If you convert them into H.264 (you'll not loose quality) every dvd rip will weigh ~1.4 GB instead of 4.5 Gb. I recommend to look on Xtreamer SideWinder 3 as media player and some NAS. I do not know about roku etc, but Dune, PCH and Xtreamer can play DVD menus, and often Blue-ray Disk menus, imho that's one more reason do not rip dvds

The Apple TV3 would be an excellent choice for your purposes BUT it doesn't have a Pandora App. You would need to stream Pandora content to it from an iDevice such as an iPad,Phone, or iTouch via AirPlay. The ATVs interface will allow you to sort and view all of your stored content and view cover art and MetaData. As mentioned earlier, you will have to copy the movies to your PC and convert them to H.264 to work with iTunes but the file sizes are smaller with no loss of quality. Handbrake is an excellent piece of freeware with new features being added all the time Thanx to a great group of open source developers.

The problem you will likely run into is with BD streaming wirelessly. Some get lucky, but not consistently. I would expect your BD collection to grow so you may want to explore a hard wired option for 1080p content. But for 720p, the ATV handles wireless streams with aplomb.

Thread starter mentioned not wanting to handle physical media so I thought rip you say convert, only using handbrake. Pretty much the same thing except for size, but also a good idea.

ATV doesn't support HD audio, and possibly never will. You can buy a ATV2 and jail break it and install XBMC, and you will have a better over all media player.

Using Handbrake takes forever to convert a movie specially if you are doing bluray.

You will not be able to stream wireless bluray movies, they will stutter or lag. You will be able to stream DVD rips wireless if you want. I know this because I've done a lot of testing. I ended up building my own server and streaming everything from it.