Just got this player over the weekend, on sale for $129.99. It plays everything I threw at it so far, DVD, DVD+r, DVD-R, CD, etc.
Brilliant color and excellent picture quality for its 9" screen.
The speakers are loud enough for the car, and audio through dual headphone is excellent. For the budget, I love the swival option because it really increases reflexibility in viewing. And it is a beautiful player with its glossy black finish and very up-to-date style.
The only down side is that it won't play divx like its previous model, however, everything else is better and since DVDs are so cheap now and renting from Red Box is only $.99, I don't really care nor miss the divx option.
It has a SD card slot and it plays both SD and SDHC formats. This is a good option to play mp3s and pictures for the kids in the backseat.
5 hr battery life is pretty good and enough to play two movies.
It is very easy for me to recommend this player!

like others who have posted here, I had a battery failure at 10 weeks. That's ridiculous as is the price of the replacement battery, 70 bucks. I regret buying a Toshiba computer now, fully expect it to die a quick death as well, and will not buy any of their products ever again.

This was the best item I have purchased for in the vehicle. This helps keep my 7 year old and my 2 year old quiet. I didn't think it was necessary to have this in the vehicle, because they do watch more than enough TV at home, but this makes our rides peaceful. Usually once my 2 year old falls asleep watching something he likes then my 7 year old can watch what he likes. I can't believe how a movie can keep their attention and keep them from fighting with each other.

The feature of the tilt screen and the flip mode is wonderful, because I don't have a carrying case yet and I had to hold it for them in the vehicle and the tilt worked perfect. The remote is small and very handy. I still need to purchase good kids headphones so we can enjoy listening to the radio instead of the kids movies. Would purchase another.