Bluray Player: PowerDVD. VLC support M2TS, you can decrypt and rip bluray main movie to m2ts. The whole process on how to Play Blu-Ray on Mac (or PC) using VLC is explained http://sites.google.com/site/ultimatemacupgrades/articles/0000002y/requirements/step-4 . In short terms : You use MakeMKV Beta...