I would rate yes, compared to my old pioneer 717 that i replace, the pictue quality is GREATLY improved, and it's progressive scan for PAL and NTSC. I think is a not a bad looking machine either.
They are a couple of negative points though, as stated elsewhere on these boards the layer change is not the quickest, no slower than my old 717, but not as fast as other machines, 2 secs tops, "only happens once a movie, were getting far too picky nowadays". Also if you want to play MP3s through the machine there isn't a random option, it'll just play the disc in the order the folders are situated on it.
So for the money i would whole heartedly recommend this machine, if the couple of points i mentioned don't bother that much.