Western Digital has recently announced their first HD Media player, that is simply named WD TV HD and is already available for purchase at BestBuy for $100, after a rebate of $30.
The fresh Media Player features two USB ports so you can use two devices at the same time, and full HD 1080p playback quality. In other words, you can plugin your USB flash drive with HD video, and thanks to the HDMI + composite video interfaces, it becomes easy to connect it to a TV and watch the content.
The WD TV HD Media Player is compatible with hard-drives that sport MyPassport, and comes with a remote control + AC adapter + software + hard-drive stand.
WD TV HD Media Player