Sony has officially announced its second Blu-ray Disc player, the BDP-S300. According to Sony's press release, the BDP-S300 sports a new design, advanced audio codecs, BRAVIA Theater Sync and CD playback. Best of all, its priced at only $600.

The new BDP-S300 model can output 1920 x 1080p (progressive) high-definition video, currently the highest resolution high-definition signal available through an HDMI connection. The player supports various video formats, including MPEG2, MPEG4-AVC and VC1.

For those who own an HDTV set without HDMI, an analog component output for 1080i (interlaced) is available as well.

The new BD player is compatible with most standard DVDs and has the added feature of 1080p upscaling through HDMI to 1080p capable HDTVs, improving the picture performance of existing DVD libraries.
The BDP-S300 is expected to ship some time this summer. More information is available on Sony's website.