I'm not familiar with the Duet but I think the PS3 can do what you're looking for - I have one next to my SB3 - I use the playstation for streaming web video, streaming HD/SD content, and playing blu ray discs. Oh and you can play games too.... I use PlayOn to stream Hulu, ESPN, etc to the TV and PS3 Media server to stream locally stored content from a windows server box. Works great..... if you want the media stored locally, the server software lets you copy the media to the PS3 instead of playing it.
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