DivXNetworks, the developers of DivX4 and DivX5, have joined forces with unknown company called BroadQ, and have developed a player software for Sony's Playstation 2 that will allow PS2 users to watch DivX, MPEG-1 and MPEG-2 videos and MP3 tracks.

Software, called QCast Tuner, can be bought through BroadQ's website and costs $49.95 (plus sales taxes).

The big problem comes when you read through the specs.. This requires PC or Mac and according to the very badly-written specs. It also requires Ethernet adapter on PS2, cables between your PC and PS2 and it seems that it requires PC to "stream" the videos to PS2 which then just interacts with PC. All videos need to be stored on your PC. So, this just merely makes PS2 a TV-out replacement to your PC and nothing else. So, don't get excited. *sigh*