I'm sure it'll play BD-formatted ISOs. And though AACS is mandatory for pressed BDs, it isn't for BD-Rs; I'll give you one guess how AnyDVD HD presents decrypted BDs to software, including ISO rippers. :doh:
Of course, but I just thought it odd that they openly advertise "blu-ray" support when the vast majority of blu-rays are AACS encrypted. I was at least expecting an asterisk and small print at the bottom of the page saying it doesn't work with commercial blu-rays, only the ones you make yourself.
I hope all these hardware media player companies are paying Slysoft too.