Philips have announced their second generation blu-ray player called the Philips BDP7200. The BDP7200 fully supports 1080p Full HD resolution output along with 24p (24 frames per second, film rate) and Deep Color (HDMI 1.3) for over 1 billion color and eliminates color banding. The Philips BDP7200 blu-ray player is Profile 1.1 (new generation BonusView) and supports picture in picture and BD-Java for more interactive features, and allows users to interact with the movie via pop up menus, graphics and commentary while still viewing the movie.
The BDP7200 can also upscale your old DVDs to full 1080p resolution and control other connective devices via the EasyLink HDMI (CEC) protocol. Expect to see the impressive looking Philips BDP7200 in April 2008 for a recommended price of $349.