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I bought this a few years ago, before I owned a laptop, because I spent a reasonable amount of time both travelling and watching movies, and it seemed that this was the way to do both simultaneously.
Initially, I was thrilled. The player looks very good, as do films played on it, despite the relatively small 7" screen. Sound quality also reasonable. When not using it to play films, it also has a slot for a memory card so that it functions as a digital photo frame.
Battery life is also good.
The only thing to watch out for is that the keys are fairly small, so if you have fat/stubby fingers, chances are you'll press more buttons than you mean to.
So far, pretty positive, but just after the initial 1-year warranty ran out, the power switch stopped working. My dad managed to fix it, but it was pretty annoying. A year and a half on from that, the thing has stopped working entirely.
I would not expect an appliance like this to work forever, but I think that more than three years is a reasonable expectation. I don't know whether this was a single isolated incident due to a flaw in my machine or a more general problem, but it is something of which a prospective buyer should be aware.
Overall this gives you good quality movies, has easy to use features and is a very good-looking machine, but for me the drawback which pulls a 4/5 down to a 3/5 is its lack of reliability/longevity.