WD TV Live HD locks after playing one movie

Hello,

With all firmware (1.01.24, 1.02.21 and even 1.03.38 Beta) my WD TV Live HD Media player plays ONE movie (doesn’t matter size or resolution - no HD, HD, full HD, 100 MB or 20 GB, avi, mkv, etc…) then locks on “rotating blue wheel” (waiting WD icon) on ANY other movie I try to play (again, doesn’t matter size or resolution).

Tried hard reset (small button), un-plug power cord for many minutes, reset to factory defaults, anything!

Could someone has idea of what is happening?

Thank you.

4H and 4I in the FAQs