Yamaha today announced the release of the BD-S2900, a new high-end Blu-ray player that features HD Audio Bitstream output, 12-bit Deep Color, and 1080p via HDMI.

Priced at $1,199.95, the BD-S2900 can output 1080p signals at 24fps--the rate at which movies are shot. The player can also output standard DVDs at 1080p. Audio signals like Dolby TrueHD, Dolby Digital Plus, DTS-HD Master Audi.o and DTS-HD High Resolution Audio are sent directly to the receiver via HDMI. Users can also view secondary images inside the main picture with compatible Blu-ray discs.

The BD-S2900 ships with a number of connections, including HDMI, S-Video and composite video, and optical digital, coaxial digital and 5.1-channel analog audio outputs--and since the player's selling for just shy of $1,200, we'd certainly hope so.