The BDP-S550 model supports BonusView (Picture-in-Picture) featured on some of the new Blu-ray Disc theatrical releases. This model also features an external port for local storage, so users can add optional flash-based memory. The BDP-S550 ships with a 1GB storage device.The player features 1080/60p and 24p True Cinema output. It is compatible with most standard DVDs and features 1080p upscaling through an HDMI connection to capable HDTV sets, improving the picture performance of existing DVD libraries.The model offers 7.1 channel Dolby TrueHD and Dolby Digital Plus decoding and bit-stream output, as well as dts -HD High Resolution Audio and Master Audio bit-stream output. The BDP-S550 adds dts-HD High Resolution Audio and dts-HD Master Audio decoding as well as 7.1 channel analog audio output.The player supports AVCHD discs encoded with x.v.Color (xvYCC) technology, an international standard for wide color space reproduction. The standard expands the current data range of video by about 1.8 times, allowing the players to output more natural and vivid colors similar to what the human eye can actually see. The player also features compatibility with an array of video formats, including BD-R/RE (BDMV and BDAV modes), DVD+R/+RW, DVD-R/-RW (Video Mode), CD, CD-R/RW (CD-DA format), and JPEG on DVD/CD recordable media.The new model features a slim design with reduced depth and height compared to previous models matching Sony's new home-theater-in-a-box systems, the HT-SS2300 and HT-CT100 T-SS2300, also announced today. Optimized for Blu-ray Disc, the new component systems feature three 1080p compatible HDMI inputs making them the perfect match for a Full high-definition home theater when connected to a new Sony BRAVIA 1080p HDTV.