Samsung has just announced its second-generation Blu-ray/HD DVD combo player, and it definitely has an edge on its predecessor in the style department. But here's a bigger question: How much will it cost?

The glossy, piano-black, and just 2.3 inch-high BD-UP5500 comes with most of the older UP-BD5000's features, including full support for Blu-ray and HD DVD interactive features, playback of Dolby Digital Plus, Dolby TrueHD, and DTS-HD soundtracks, as well as the ability to upconvert standard DVDs to full-on 1080p. Also included is out-of-the-box support for Blu-ray profile 1.1 (which allows for picture-in-picture commentaries on newer Blu-ray discs), an Ethernet port for downloading new firmware and accessing online content, and HQV processing for enhancing HD and SD video.

Overall, not bad, but here's the spec we really want to know: how much? Unfortunately, Samsung isn't releasing pricing info just yet, but hopefully it'll be lower than the $799 sticker price for the BD-UP5000—especially given that the demand for combo HD decks may dwindle now that HD DVD appears to be on the ropes.

Look for the BD-UP5500 to arrive in stores in the second half of the year.

Update: Reports are coming in that the deck will retail for $599—still pricey, but a veritable bargain compared to the $799 BD-UP5000.