Media player v. blu ray

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[LugwidVanB]

Has anyone checked out this western digital media player? Ran across it while researching something else. It appears good but I haven't figured it out yet. You apparently dl movies, tv shows and other videos to your computer with this device. You then plug in a usb drive, transfer to it, then plug it into your hd television for hd shows. It's suppose to replace blu ray but I wouldn't got that far, would you? I would still have to tape certain stuff. The seagate usb drive was best rated to go along but I already have a 500 gb seagate free agent go I use for auto backups that looks similar. Would this also work with the media player? I'm interested bec where I live I can't get hd and this would offer it for those that have hd at the source. Thanks for any input. Tom

http://www.amazon.com/exec/obidos/tg/detail/-/B001JZFQU4/ref=ord_cart_shr?_encoding=UTF8&m=A3LJ5WMKNRFKQS&v=glance

This sells for $100.