Pioneer announced the new DV-420V, a 1080p upscaling DVD player at the CES 20009. Other than DVD playback with upconvertion, the Pioneer DV-420V plays also DivX WMV video; MP3, AAC audio and JPEG images stored on USB drives.
The DV-420V can even do MP3 encoding and immediately transferred MP3 files to a USB flash drive.
The Pioneer DV-420V will be available in Summer 2009 for $90. It has S-video and HDMI outputs.