Does this mean that we can just simply rip blu-rays and wack them straight on the ps3 hdd without any conversion (using a streaming program), because I cant do this with any of the streaming programs (nero, wmp11, vmc, ect....). Has anyone been successful with this method? Or are we going to have to convert the blu-rays and lose quality? If we do have to convert, what is the best method people have been using to convert and move the movie file onto the ps3? I dont really want to have a blu-ray split up into segments on a ext hdd (fat32).