Find FAQ: Watch Bluray moives on my laptop (win7)

Watch Bluray moives on my laptop (win7)? --
I'm new to Blu-Ray, but getting a new Sony Vaio laptop for Christmas, which has Blu-Ray disc support and does the whole DVD/CD player/burner as well. Will the laptop be able to copy, burn Blu-Ray discs onto a blank Blu-Ray (or DVD-R)?
Is there a way to watch Bluray movies on my laptop without the disk? I know I have to convert Bluray to video formats so that it will be played by windows media player on my laptop win 7.
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Watch Bluray moives on my laptop (win7)