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I am still happily sporting a regular old DVD player, not to mention I am not sure I even want to go the Blu-ray route at all, personally I think the future is heading towards devices like the Roku set-top box. Granted we still have a ways before we get there and maybe before that happens we will see some bigger adoption of Blu-ray. With that, lower prices will certainly help, and JVC has recently entered that lower price market. Of course lower price comes with a catch.

To begin with, the player is the XV-BP11 and it is currently available and selling for $199.95.

In terms of that catch, this model is running the (now older) Profile 1.1, which by itself is not all that bad, however this model also does not have any Ethernet port which means it will not be upgradeable. That said, it still is a nice sub-$200 player that should be nice for most users. In other words, it should be nice for the non-geeky who would never even think to upgrade their Blu-ray player anyway.

Additionally, other features of the XV-BP11 includes a wide range of support in terms of playable discs and formats (see the complete list below). The JVC player also has HDMI v1.3 and composite in terms of video connections and analog L/R, coaxial and HDMI v1.3 for audio connections.

One little perk with the XV-BP11 comes in the form of the front USB port which will allow users to directly hook up other electronics such as a camcorder for video playback.

Keep reading to check out the press release:

JVC Announces Popularly-Priced Blu-ray Player

New XV-BP11 player offers AVCHD file playback.

WAYNE, NJ, October 28, 2009 – JVC today announced the availability of a new entry-level Blu-ray player. The new JVC XV-BP11 is a truly versatile high definition player, offering playback of high definition Blu-ray discs, plus playback of the AVCHD format, the high definition format widely used for HD camcorders, including the JVC HD Everio line.

JVC XV-BP11 Features

• Playable Discs: BD-Rom, BD-R/RE, DVD-Video, DVD-R/RW, DVD+R/RW, Audio CD, CD-R/RW
• Playable Formats: AVCHD, WMV, JPEG, MP3, WMA, Dolby Digital, Dolby Digital plus, Dolby True HD, DTS, DTS HD Master Audio/Essential

Connections:

• Video: HDMI V1.3, composite
• Audio: Analog L/R, coaxial, HDMI V1.3
• USB Host (front panel)

Convenience Features: Quick loading, cinema zoom (x16), parental lock, slim design

The new JVC XV-BP11 Blu-ray player is available immediately for $199.95.