Sure it will, get nothing less then 2ghz whatever celeron is. Im cathing that you wish to get you procured movies in your livingroom set. If thats so, then a DVD player that plays DVD, mpeg 4, mpeg2 files would be MUCH cheaper. RJtech makes good ones.
Now if you plannin to you encode divx, xvid, or mpeg2 files then stay away from the celerons.
<i><font color=red>Only an overclocker can make a computer into a convectional oven.</i></font color=red>