A potentially dumb question, but will the ATV content on the computer other than what is in the iTunes library? For instance, does it give you the option to browse the Movies folder and watch compatible vids that are in there (like Front Row does)?
Not an un jailbroken ATV. If you have a pacthed ATV 1 or Jailbroken ATV 2 running something like PLEX then yes. Otherwise it has to be within your itunes library.