After being delayed multiple times, Sony's BDP-S1 Blu-ray is finally available for purchase. They should be in stores now, if not later this week.
Sony's BDP-S1 has 1080p and HDMI outputs, along with the ability to play back just about all Blu-ray format discs out there now. If you're looking to save $400, and can actually find one in stock, a PlayStation 3 can also play back Blu-ray movies in 1080p and has HDMI as well.