Great for what it is - even better at the bargain price!
Yes, this machine is outgunned on the features department by its newer siblings the S370 and S570. It can't display 3D movies and it doesn't have the internet channels that newer models offer.
However, the picture is fantastic, it includes sound decoding and a headphone output and wireless connection. I got this machine when Play offered it for 99 pounds - an absolute steal! My Bravia TV and my Wii can both get internet channels so the only thing it doesn't really provide is 3D capability but I'm not interested in that.