honestly no its not.
think about how many people have dvd players or blu ray player. Why would you need your system to also play it.
In all of my life i have only play 1 movie on a system. It was long time ago i play a DVD on a ps2. Then i got a dvd player when i started to get more movies.
Got a blu ray player when i upgraded from then. I was never into wanting a system to play movies. Its meant for games.
Lol that is exactly the same for myself too. DVD with PS2 was a big deal. I still don't have a Bluray player though so I would've welcomed it.