Its amazing how much people misunderstood my points.
1) Regarding the remote for the 360, I was misinformed that it was proprietary and used a radio signal rather then IR. (The PS3 uses bluetooth for the remote, so the logitech remote doesn't work for it)
2) I do not presently own an AppleTV. Like many others, I am waiting for the shipment. I only purchased 1 for now.
3) Let me expand more on what I was saying about the 360 not being able to stream HD unless its on a fast network. Sure, you can stream HD over a 100MB network, or what not. However, when you add more then 1 system it will bog down. Not to mention, rewinding, pre-caching, sync, etc will be delayed much more on a slower network. I can push a few GB of shows over to the AppleTV on a gigabit network very fast. Pre-caching a show would take seconds to cache the entire thing.
4) I have had a MythTV system for quite a while. My friends know me as an early adopter of crazy new things. I have always been like that. They know who to turn to, to see some new crap that nobody else is using yet. My MythTV system is nothing new, been there done that. AppleTV takes it to the next level, so they will be impressed to see it. Now, don't get me wrong ... I am not trying to go out of my way to impress anyone. I could care less what people think of me. I am talking about my friends, who have known me a very long time and know me for doing things much more overboard then it needs to be. For example, encoding my entire DVD library. (500+ DVDs) I have an encoding farm of machines running 24/7 trying to complete it.
5) Regarding the comment of plugging it in and going with it. Guess what, its an Apple product. I am willing to bet money that setup will be very straight forward and easy. I am also willing to bet it will be more stable then my MythTV setup, and xbox 360, windows media center, etc. If it doesn't, I will admit defeat and promptly sell the unit on eBay.
Honestly, its up to you. If you don't see the value in the AppleTV, don't buy it. If you would rather have a 360, more power to you. I find the AppleTV a perfect product to fit my needs.