I'm hoping to get a Playstation 3 soon, and am looking at archiving my DVD collection to some format that'll play on the PS3. I know there's already an .mp4 Playstation 3 option, which is fine, except that it takes anywhere from 5 to 7 hours to encode an ~2 hour movie. With the latest firmware updates, the PS3 is now able to play DivX formatted video, as long as it conforms to the latest format properties. What I was wondering is if the DivX output from CDM works on PS3? One of the reasons I'd like to use DivX for my archival purposes is that I can encode an entire 2 hour movie in anywhere from 45 minutes to 1 1/2 hours; a much better conversion time ratio than PS3 .mp4. Not only that, but the file is then more compatible with other devices and is less hardware intensive for when I want to watch movies on a PC. Since I don't actually have a PS3 yet, I thought maybe someone here, or one of the devs, may have tested it out already. If so, and if it indeed does work, is there anything I should be aware of to make sure the movies work. For example, bit rates, resolutions, etc.