We can't really see the logic in releasing a Blu-ray player without BD-Live in 2008 -- and neither can Samsung, which just announced its fourth generation BD-P1500 will be BD-Live Ready. The bad news is the May release date announced earlier has slipped to June, and the formerly comfortable $399 MSRP is now a less promising TBA. We're not sure if that "ready" tag means it will be BD-Live enabled out of the gate, however DTS-HD "High resolution" is confirmed on the way in a future firmware update. A slight delay for a significant upgrade in features? We'll allow it.

Update: Samsung let us know the press release was in error, the MSRP will remain at $399.

Hard to believe that CES 2007 was the venue at which Samsung launched its second-generation Blu-ray player, as just 12 months later we're staring the fourth-gen unit right in the face. Coming this May, the BD-P1500 will support 1080p playback (not to mention 720p / 1080i / 1080p DVD upconversion), 7.1 PCM, Dolby Digital Plus, Dolby TrueHD, DTS-HD HR and MA, Bitstream audio output via HDMI, HDMI 1.3 with CEC and the obligatory Profile 1.1. Meanwhile, the firm is also announcing its forthcoming combo player, and for those out there who have yet to successfully hunt one down or are just too frightened by the reports of lackluster audio performance, you may want to hit the pause button 'til May. The BD-UP5500 (pictured after the break) handles Blu-ray / HD DVD discs and supports 1080p24, but otherwise remains functionality identical to the P1500. The pain? $399 for the BD-P1500, $599 for the BD-UP5500.