Budget DVD Player Recommendation

Try the Oppo 980 universal player and read the reviews on Amazon. It should exceed your stated criteia at well below your price limit:
http://www.amazon.com/OPPO-DV-980H-Up-Converting-Universal-Player/dp/B000UIA6YM/ref=sr_1_2?ie=UTF8&s=electronics&qid=1252530628&sr=8-2

I love my Oppo DV-983H. It's solidly built, has good audio, and the best upscaling video quality of any DVD player I've owned.

Michael

within your budget, i'm a fan of the denon (2910 or 3910) for 2ch. audio--very good inboard dacs. cambridge audio dv is another good choice--i notice they're being blown out for less than $200 new. i have not heard the oppo.

second the Denons