ATI's Theater 550 PRO Video Processor

ATI have used the, now venerable in some sense, Rage Theater 220 video processor in various products for the past couple of years or so. The advent of an ever increasing number of home theater and PVR-based PC products has caused them to think about upping the bar in video quality, capabilities and performance, compared to their competitors. A new Theater processor was always on the cards, indeed I first heard about one back at the start of the year, and today marks its official announcement.