yes it reads dvds and it works great for downloaded movies to doesn't skip and stop like other dvd players so if you want to get a dvd play and ps3 buy the ps3 and it will probably read burned dvds better than the dvd player
the best thing is its 3 in one
1:dvd player/blue ray
2:its a free online messager
3:and a computer you can hook up and printer and Scanner and other awesome stuff you might want to use