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Any kind of 'burning smell' in any electrical appliance is extemely serious, and can be potentially dangerous, depending on the appliance, and its voltage rating. In your case it generally means the power supply has developed a short and its associated protection circuit has also failed, resulting in a high DC output voltage feeding directly across the lower current rails to the motherboard and possibly the rest of the unit.
I doubt this particular player is economically repairable (the cost of parts and labour involved in restoring it to working condition in a service centre would be higher than the retail price of a brand new one; not worth it really since it is not a recorder - there is also a small chance some of the required parts may not be available anywhere), so the only course of action you have is as follows:
You may be able to 'manipulate' the disc tray to get your disc out (this can be done with tools, where you can carefully disassemble and/or remove the DVD deck, then retrieve your disc unharmed - make sure the player is not plugged in when you do this).
The other option is simply to buy a new player - this one is U/S; the extent of the damage to the PSU could be far too severe; and I don't think any workshop would touch it.
Save yourself the financial agony; it is cheaper and easier to buy a new one rather than spend hundreds of dollars in repair costs/modifications to the old one. It is up to you what you do from here. DVD players are great units when they work, but they can be costly burdens when they suffer major breakdowns.
Sad news, but I wouldn't want you to go through this sort of problem with a new player again.
Send the player back to OPPO as they have become aware of this issue. OPPO has a flat $49 repair service for the LIFETIME of the unit after the warrantee period expires. I experienced the exact same issue and it's the main power board. OPPO will provide you with an RMA# when you call them, give them a credit card number for the $49 and then pack the player securely and ship it to them. They pay the return shipping and in about ten days you'll have it back working better than new with new firmware and the latest upgrades as well. You'll have to reset your Region Free settings and all your special parameters but it's a super deal. And they then warranty it for 90 days and if it breaks down at any time in the future again after that, it's still only $49 for another complete fix.
If it makes a noise when you try to open the drawer, then I would suspect the drawer mechanism is faulty. They are usually belt driven and therefore could be just a new belt needed. Or the mechanism requires oiling . If under guarantee then where did you buy it (send it back).