After a lot of reading and searching I settled on Oppo DV-981HD. I have had it for 2 weeks now, and I love it. http://www.oppodigital.com/dv981hd/index.html
A bit on the pricey side, but it competes with players costing much more.
I liked the fact that it is firmware upgradeable.
A heads up about hdmi though, there are a lot of compatability issues, especially with switching. Some cable and satelite boxes do not support switching, so this could be an issue, if your tv doesn't have more than one input. This player is HDMI 1.1.
I had to use the digital optical port to connect to my sound system, due to the limitations of my audio receiver, but it sounds great and the picture is phenomenal. It definitly breathed new life into my DVD collection.