HTPC: Is this good enough to play BDs ?

Hi Folks,

I am willing to buy a HTPC, I am lazy to build it myself so finding a finished product would be useful. It doesn't need to be up to the ultimate standard but must be powerful enough to play Blu-Ray discs and HD media files over a network; I don't care about 3D.

I have just seen this,

http://www.newegg.ca/Product/Product.aspx?Item=N82E16883229441

Please, what do you think ? Price wise it sounds OK for my budget;

Thanks,