VMbludrive
I found this product to be everything reported. Unfortunately, my lap top does not not support the blueray function. It did play regular DVD's with no problem. The only thing I would suggest Amazon place a link on the product page so people can test to ensure their laptop meets the minimum requirements to use this product.

Not as ad implied
I agree with the review by R. Jordan. Was pretty jazzed up reading the ad, took the hour to install all the software, and couldn't get it to play BluRay. Looked at the info on the requirements that you get to after the hour and it tells you it won't work, and found my laptop didn't have the necessary stuff. The ad said it would work on "any" laptop. Well, the regular DVD portion does, but not the BluRay. My laptop already plays DVDs, and I'm not going to buy a new laptop just to see BluRay on a small screen. Sent it back immediately. I don't know how to access the info about system requirements before buying this product and spending the time installing it. If you don't have a fairly new laptop, don't be surprised if this doesn't work on your machine.

Not Happy with this product
I ordered this drive to attached to my Laptop to play Blu-ray DVDs. After going through the 1 hour plus install, I got a message that said it needed a compatible display, and graphics card. I have a Dell Inspiron 640m. The drive works ok, but no Blu-ray. If you look into the Technical and Product details on Amazon's website, you will not find anything about compatibility requirements. I was really mislead.
If I wanted just a DVD external drive, I could have paid a lot less.

BURNED MY COMPUTER'S LOGIC BOARD!
Ok so I bought this item to watch Blu-Ray movies on my computer. My computer is a month old and everything was working perfectly until I connected this item. When I connected it to my USB port, the computer shut off and the light started blinking. I thought it was odd, I disconnected the drive and turned my computer back on to find out my USB ports were not working. Took it to the store to find that I needed a new logic board... GREAT! Just what I needed!

If I were you I would think twice before buying this item, just my 2 cents...

Velocity VMbludrive
The Velocity VMbludrive looks great. It is thin and light. It works out of the box as just a CD/DVD rom. Just plug and play. You need to install the drivers for other functionalities like playing BluRay disks. As stated by other reviewers, playing BluRay disks needs more computer power than playing regular DVDs so expect issues with lesser computers like netbooks. In fact, the Velocity VMbludrive works perfectly well with my desktop running Vista. It also worked fine with my Asus netbook running Windows 7 Home premium, except for playing BluRay. The device comes with a software (BD advisor) that will check your system for minimum requirements to play BluRay. I ran BD advisor on my netbook and it detected a few incompatibilities, including CPU power (my netbook runs an Atom 270 1.6ghz; I have 2 GB of ram).

Overall, this is a very good external CD/DVD player/burner and BD player (the cheapest external BD player I came across), except if you only intend to use it with a netbook in which case you might not be able to use it as a BD player. You then would need to look at much cheaper external CD/DVD player/burners without BD capabilities that need lesser computing power.