Buffalo Japan introduced a new generation LinkTheater product, the LT-V200. The device is basically a multi-format media player, which is nothing new, but then it also features an internal SATA port to hold a hard drive, apart from its USB connectivity, which lets it act as a DLNA-compliant NAS server. It also features a Remote Play function, that lets it stream media wirelessly to iOS and Android devices. Apart from the internal SATA port, the LT-V200 features two USB 2.0 ports (one each, front and back), it connects to the network over 10/100 Ethernet. It features a SD card slot.

As a media player, the LT-V200 supports nearly every popular video format, including MPEG-1/2, MPEG-4 AVC/H.264, WMV9, DivX, DivX HD, Real Video, and FLV. Audio formats supported include AAC, MP3, WMA, WAV, OGG, FLAC, Real Audio, Dolby Digital and DTS. Outputs include HDMI, SPDIF TOSLINK and Coaxial, and Component. Slated for launch in early February, the Buffalo LT-V200 will cost 14,000 JPY (US $182.4).