Admittedly I know very little about the new ATV, and have been considering it. So, I figured I'd ask a few questions, since I can't find a definitive answer. Since decode is done client side (ATV) theoretically only the HDD should be spooling server side (media source). As such, AirTunes, etc, won't be originating from the server, but instead the ATV. Does the new ATV support AirTunes like iTunes does? That is, say I play a movie via the new ATV, and instead of wanting the hard-wired optical or HDMI-based audio out, I want to use AirTunes to play my audio via an Airport Express. Is this possible? Then say, for example, I have an ATV playing a video, with audio coming through and TV or whatever audio devices connected to it, but then I also want audio playing through AirTunes, is this possible? Lastly, is it possible to having multiple streams playing out of the ATV? For example lets say 5 Airport Express stations throughout the house, with the TV also outputting audio. Can I do this? As an aside; will iOS4.2 devices be able to play content directly via AirTunes? Could I play music through my iTouch, without requiring my computer to be on and controlled (via the remote application)? Thanks guys.