I have used lots of cheap electronics in the past, they usually do work but they look cheap and hardly have any features - this however is different.
Not only does it do everything it's supposed to do perfectly (I've played Region 1 and 2 DVDs on it, Audio CDs and CD-Rs, MP3's and PhotoCDs) it looks quite good (if a little square) and seems well made too. DVD video playback is perfect (as good as the best I've seen) and it can output in PAL and NTSC. However although perfect quality the sound output on DVDs is a bit quiet when compared to TV broadcasts and videos but I haven't used another DVD player on my TV so this could be true for all DVD players. The instructions are pretty good too.
The real only problem I've noticed is the MP3 player sometimes mis-labelling tracks but this could've been just the CD I was using and its ability to play MP3s probably isn't important to you anyway (it's not to me :P) and doesn't happen often. The remote control could also be better looking and better laid out but it works fine.
But it's an absolutely amazing buy, comes with everything you need to play all DVDs (except the TV), player and all required cables. Buy it now before the price goes up, you won't regret it.
And just yesterday I discovered it has a resume feature that I never knew it had. If you turn the unit off (even at the wall) with a disc in it will ask if you want to resume from where you stopped it the next time you turn it on.
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