I have been using TVersity Media Server for well over a year now, and to be completely honest it has served my needs well. I have over 250GB of television shows and films stored on my file server, most of which my PS3 can play flawlessly over my 100Mbps network.
However I emphasise “most”. TVersity has always failed me when it comes to *.MKV (Matroska Video) files. Perhaps it is because they are 1080p or 720p, I don’t know.
It doesn’t matter though. I’ve switched to PS3 Media Server. Not only is it open source, it plays my *.MKV files! With my file servers aging 2.0GHz Pentium processor, it stuggled with subtitles, so I turned them off – I’m not hard of hearing as such.
Not only this, but streaming of other file types like my XviD or DivX encoded video files is much smoother. I would only recommend, if possible, to use a wired network, because the throughput on wireless is only sufficient by a small margin for video streaming. So if you’re a TVersity user, why not give PS3 Media Server a try?