Honestly, if you don't care about recording TV, a PS3 might be the best and cheapest option. You can always put a larger HDD in it for more storage, or stream from network shares (including NAS drives), so you can have as much storage space as you can afford.
It plays most of the popular formats natively, and for those that it can't handle, you can always install one of the various Linux distributions for PS3, and have access to every format.
That's what I'm currently planning on doing. My current HTPC is about 4 years old, and in need of updating. It's going to cost me as much, or more than a PS3 to update. I haven't used it for TV recording in years (downloading TV shows is far to easy and convenient now). So I started looking at the PS3 as an alternative to updating a PC, and to me it just makes more sense.
Whoa... yeah I just added all that up. You're at almost $1100 before even getting to the graphic card. That's quite a bit more than my upgrade would cost for my HTPC (~$500).
Graphic Design / Photography / Web Design
Last edited by DarkWolf; 12-14-2007 at 05:04 PM.