This is a good alternative for a mini PC for streaming video.
I was using WD TV (1st gen) from Western Digital for playing HD video, Audio and Photos from USB connected external HDDs, for the last 3 years and was very happy with the performance. This had HDMI, Composite output and Optical audio to connect to a home theatre.
Three days ago, upgraded to WD TV Live Streaming Media Player
(3rd gen), with HDMI output and streaming capabilities. This player now comes with Wi-Fi (b,g,n).
File Formats Supported
Video - AVI (Xvid, AVC, MPEG1/2/4), MPG/MPEG, VOB, MKV (h.264, x.264, AVC, MPEG1/2/4, VC-1), TS/TP/M2T (MPEG1/2/4, AVC, VC-1), MP4/MOV (MPEG4, h.264), M2TS, WMV9, FLV (h.264)
Photo - JPEG, GIF, TIF/TIFF, BMP, PNG
Audio - MP3, WAV/PCM/LPCM, WMA, AAC, FLAC, MKA, AIF/AIFF, OGG, Dolby Digital, DTS
Playlist - PLS, M3U, WPL
Subtitle - SRT, ASS, SSA, SUB, SMI
- MPEG2 MP@HL up to 1920x1080p24, 1920x1080i30 or 1280x720p60 resolution.
- MPEG4.2 ASP@L5 up to 1280x720p30 resolution and no support for global motion compensation.
- WMV9/VC-1 MP@HL up to 1280x720p60 or 1920x1080p24 resolution. VC-1 AP@L3 up to 1920x1080i30, 1920x1080p24 or 1280x720p60 resolution.
- H.264 BP@L3 up to 720x480p30 or 720x576p25 resolution.
- H.264 MP@L4.1 and HP@4.1 up to 1920x1080p24, 1920x1080i30, or 1280x720p60 resolution.
- An audio receiver is required for multi-channel surround sound digital output.
- Compressed RGB JPEG formats only and progressive JPEG up to 2048x2048.
- Single layer TIFF files only.
- Uncompressed BMP only.
- For details, please refer to the user manual.
And the price is just under $100 and I highly recommend it.