Agree with the others. Since you already own a region-free DVD player, then you could aim for a dedicated Blu-ray player instead. Save the P8,000+ for your AV accessory or simply use the saved fund to get a few more BD movies to start off your BD collections.
You may want to consider the latest PS3 Slim which will be launched in early Sept at about P14k plus. Many PS3 owners are satisfied & happy to use PS3 as their BD player (not to mention you can also use it to store your videos, photos, play games, music, etc).
Btw, Amazon is having a BD promo until Aug 21: Buy 2 FREE 1.
