Shield itself doesn't care any of that. It is the software you use that needs the support of such. So, what you ask is up to the software of your choice. For example, for DV of BD rips, some software plays, some don't, mostly because the DV in MKV format is too new for most software to catch up the support. But ppl have being convert them into either ts or mp4 and play DV just fine in various players.
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