Sorry I started such a gutbusting thread lol . I am obviously new to Macs. I don't really care if it does Blueray. But I read some threads somewhere and people were ripping/converting Blueray discs using the Handbrake software. I guess they were using an external and bootcamp, like you said. For my money blueray is more about the audio than the video anyway.
Maybe you should read spec on the box first, no Bluray. Steve hates it, if you want to rip bluray, get an external BD drive, if you want to watch one, gw to windows bootcamp and get PowerDVD or some player software