Momitsu has announced the release of their BDP-899 Blu-ray player, the world's first region-free BD player. The player will play DVD and Blu-ray discs from any region and is also BD-Live compatible. Depending on what region your discs are, you can enter a six digit code using the remote control to change the player from Region A to B or C. The player can also playback a plethora of formats: Xvid, MPEG1, MPEG2 , MPEG4(AVI), MP4 HD, WMV9, JPEG, BMP, PNG, TIFF, JPEG2000 and GIF. The player also has internal HD audio decoding, including Dolby TrueHD. The player retails for $349 USD. Full specs:
http://www.momitsu.com/bdp_899_spec.html