Probably not, it is mainly a HDTV device, but it does do lots of audio formats is it:
Audio - MP3, WAV/PCM/LPCM, WMA, AAC, FLAC, MKA, AIF/AIFF, OGG, Dolby Digital, DTS
Playlist - PLS, M3U, WPL
OGG is important to me, I used to do a lot of OGG, and have many files like that there.
DS