No, it can only play avi (divx 3.11 to 6.0) and mpg through USB.
Here are some points I noted during the short usage:
Pros: Good Finish, Looks, price, initial customer care experience, Plays all types of DVD's/CD's.
Cons: Little Fragile (light body would not sustain drops from some height), remote buttons are a little hard, needs to be pointed directly towards the DVD Player to work.