It looks good for playing videos if that is the intention but if that is mainly what you use it for, the price is a bit high in my opinion.
Have you checked out HP.com ?
In order to get a really good idea if it will meet your needs you should make a list of the things you expect it to do and then make sure it has at least the minimum of what you need.
For example, my EX used a program to capture TV programs and movies and the hardware it used needed an S-video connection so I had to make sure it had that when I was shopping. Bonus was that I could also hook the computer into the TV so I could watch videos and DVD's without needing a seperate DVD player.