I had got myself a Philips 5986K exactly 1 month ago (Aug 16) from Croma, Bangalore.
I initially had issues with the picture coming on and off...disappearing after 10 mins and reappearing after shaking the player......and then after some days the player conked.
Philips service was very good - in 2 days, they diagnosed the issue and replaced the power supply PCB. Works well now.
The player plays USB movies well from flash drive and in decent digital quality.
Welcome aboard maniJ, we were thinking of doing a comparative analysis between LG, Samsung . If you could chip in then it would be great. I plan to make some sample videos over this weekend and then we can post the results . it will be a great guide for the new users as which product to buy. personally i believe that the quality of the 5986 and the 5996 will be the same. It is just the USB 2.0 feature which is an add on in 5996