BD player's up-scaling capabilities

[PNF]

Would you spend $100 on a upscaling DVD player or just go all out at $400 to get a BD player to upscale my DVDs. (I have a 32 720P in the BR BTW)

This is for my bed room set and probably wont be watching BDs in my room, just for some old DVDs that we have and HD Cables.

But having the idea of watching a BD from bed is not that bad, but just not sure if I want to fork out another $400-500 for a BD player or get the package of $299 PS3 + $100 BD deal from WM.