Can Lenovo S20 30 play high quality 720p and 1080p video files?

I'm thinking about buying the Lenovo S20 30, the one with 500 GB HD, 4GB, no touchscreen). I know the screen is not great and that it is just a netbook. But for movies I want to connect it to my flatscreen via HDMI.

My question:
Is it able to play HD 720p video files without crashing or having other problems?
Is it able to play BlueRay 1080p video files without crashing or having other problems?

My 5 year old laptop was not. Rule of thumb was the bigger the video file the more likely it coulld not play them. Medium quality files no problem. 720p with maybe 800MB for 60 min worked sometimes. Even better quality files never!

Thanks in advance for answers from people who own this exact model and can speak from experience.

Any new laptop can.