I have had my 203 for several months now connected to an Epson LS10000 projector and 7.1 theater system and absolutely love it. Picture quality is great and for me the "strip metadata" feature works really well since my projector can handle a 4k input signal but is not HDR capable. One of my favorite 4k discs (visually anyway) I have gotten so far is Passengers.
I have rips of many of my non 4k blue ray discs on my server to avoid having stacks of discs laying around and my only complaint is they have Cinavia protection enabled on the 203 when streaming from the network (Oppo didn't have that in previous players) so on movies where that protection is enabled I have to actually use the physical disc. Not a huge deal, but slightly annoying.
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