Someone explain what this means. Do you mean this thing somehow transforms the video quality?

I bought Valve Index, and tried to watch a Blu Ray Movie over the headset. Bigscreen is transferring everthing, except the video signal from the movie, it stays black. The vr mode of Powerdvd is starting, but does not play the bluray over the headset, should shows the bluray disk drive with the movie. Very disappointed....

Was using this program today to watch random videos on my hard drive and suddenly it stopped working with no discernible reason for it. The error message I was given was "The code execution cannot proceed because MSVCR110.dll was not found. Reinstalling the program may fix this problem." I tried reiinstalling the program three times. Twice after restarting my computer. That doesnt' seem to work. Has anyone else had this issue?...

Or can it be used from any machine on which I install the software and have the Steam client on?

Be carrefull, i bought it today on cyberlink webshop, and it doesn't work with oculus Rift S in VR mode. You can't set the VR headset in the settings, and can select only hdmi output. So, if you want to watch your 3D blu ray in VR, and if you have an Oculus Rift S, do not buy that product, and wait an update....