Good question, i myself have gone for the pioneer i used to use a ps3 which was fine but after linking up the fd51 i could see a difference straight away, same tv same movie (dark knight) but the picture was smoother less smear and darks a little deeper. I have not seen the pana im sure its fine but i have this thing with small skiny players i mean why? the fd51 felt like a proper bit of kit, but go have a demo and see if one fits your system best.