So could you stream, let's say, a PAL region movie DVD from your PC to your PS3 and watch it on the telly?
This is somewhat interesting as a lot of our DVDs (and most of our Star Trek box sets...) are all from the UK.
I don't know.
I'll say theoretically yes, but I can't be certain about that.
What you might have to do is rip it to an avi file, and put it on your computer first, but I'm guessing.
Edit - In going back and actually checking, I'm going to stay with theoretically yes. There is an option to submit a file from your dvd player, so I don't see why not. (You have to submit files for it to encode and stream).
It shouldn't be any different than playing a regular .avi file.
But I'm not sure.