Hi all, I have had the ATV2 since just after its launch, and when I got this, I started to convert my entire library to m4v and build a new local iTunes library. This quickly grew and I now have two WD studio FW800 drives attached storing my content. To be honest, I am finding myself with less and less time to manage the library, (i am quite strict in keeping everything tagged spotlessly) and I am also starting to get concerned about storage and backups. I am now leaning towards just merely renting movies from ATV, and we will soon have Netflix here in the UK, so I'll sign up to that (hopefully it will be integrated from the start to ATV). I have over 2000 Tv episodes, in my library as it stands, and I am considering, bit by bit, repurchasing these through iTunes, now that you can access them direct from iCloud, without them needing to be stored. My only gripe with this is that I need to navigate to a separate menu in ATV, as they do not show under my library (only in TV Shows>Purchased) Anyone think Apple will let you "see" these items in your library, without having to have them stored any time in the future? Kind of like iTunes match. All there but with a cloud icon, ready to stream. Anyone else moved from a locally stored library to a mostly streamed one?