Most of America is still waiting for Blu-ray to get a little bit cheaper, but we’ll see how long they hold out when new players like this come onto the scene. OPPO released its new full-featured BDP-80 Blu-ray Disc player supporting BD Profile 2.0 (BD-Live and BonusView), DVD-Video, DVD-Audio, Super Audio CD (SACD), HDCD, CD and other media formats like AVCHD, MKV video files, digital photos and music–and it’s under $300.

OPPO says the BDP-80 comes standard with 1GB of internal storage built-in, front and back USB 2.0 ports, and it has been optimized for use as a digital audio/video transport, emphasizing the accuracy of its digital audio/video outputs—basically a stripped down version OPPO’s award-winning BDP-83.

For video, the BDP-80 features an HDMI 1.3 port that supports 1080p Full HD, 1080p 24Hz, Deep Color, Source Direct modes, and also features component video, S-Video and Composite video connections for analog displays.

For audio, the BDP-80 supports internal decoding and bitstream output of the latest sound formats including Dolby TrueHD and DTS-HD Master audio.  The BDP-80 also features a configurable 7.1-channel analog output that can be set as 7.1-channel, 5.1-channel, or stereo.  For compatibility with many legacy A/V receivers and DACs, the BDP-80 also provides an optical and coaxial digital audio output.

The new BDP-80 will retail for about $289 and can be ordered directly from the OPPO Digital web site or from authorized resellers.