Seagate is a hard drive company, and  it must have been a radical shift for it to put a toe into the home entertainment business along with all the software and UI headaches that entails. The FreeAgent Theater is a good first attempt. If you want a low-cost, easy way to play your JPEGs and movies, and you don’t care about 1080p or H.264, then this is a very good product. The interface is intuitive for anyone familiar with folder hierarchies, playback quality is good, and some of the photo and video features are exceptional. We’ve been pretty explicit about the Theater’s caveats here. If you want HDMI and a more polished navigation, search, and interface experience, we’re betting a second-gen spin of the Theater will be worth the wait.