I am new to AppleTV as it first came out when I did not have a need for this sort of technology. When AppleTv first came out we thought our computers, current entertainment hardware, and XBox could do everything we desired. We use the XBox for netflix streaming and have it hooked up to a projector set up. Now, I have a preschooler and am out of school so the amount of movies (for her and for us) are increasing. I would love to have a way to just have a bunch of her movies on one item OR have access to them to go across several devices (MacBook, iPad). Is it possible to do this with AppleTV? I know I can download all the movies to the AppleTV but is it possible to share those movies with our other devices? If something happens to the AppleTV do we loose all of our movies? In reading around the forum I saw that a cloud based system may be in the makes...that would be wonderful too.