No, I ended up going with MyMovies and Windows Media Center. MyMovies collection allowed me to import all the information for both my disc files and discs. I found the accuracy very good in getting the right artwork and then easy to change if not correct. From WMC I then view my movies, and displays a message to mount a disc which then launches PowerDVD. Works great.
I think PowerDVD is now the best player, have tried many others, but PDVD13 is now the best. Cyberlink has just introduced the media library with artwork concept and has a ways to go, which given their track record in the past I am confident they will improve on this quite a bit. As a basic player there is no other match. Which is good, I would prefer Cyberlink to get moving playing solid before playing with the GUI stuff. This is different from other players which perfected the GUI before the player .. not good.
In the meantime, using MyMovies + WMC + PDVD13 is a winning combination. There is no better solution. Hopefully one day Cyberlink will update the GUI and we can then remove MyMovies and WMC.