There were plenty of warnings on these forums to (over enthusiastic) new ATV2 owners that AirPlay was NOT going to open up the world of video. I remember stupid apple blogs opining about how this was a going to be a trojan horse apple would use to destroy the cable industry...ofcourse..apple blogs and analysts are almost always wrong.
You will get Itunes proprietary and maybe a very small select group of 3rd party videos showing on your ATV (youtube). That will be it...there will be no hulu, there will be no VLC, there will be no plex, there will be no espn3 or MLB.tv...period.
Anyone who owns an ATV1 knows Apple's track record in this market...you will all continue to be disappointed time and time again...
Wow were you wrong. lol. Loving me some Vevo, PBS, Air Video and many others all Airplayed to my Apple TV2. Using Air Video to Airplay nonsupported formats in HD up to 5mbps is really nice and there were many naysayers saying that would never happen. Even that it wasn't even possible. And the Plex app has already been confirmed to have Airplay support coming. MLB.tv is already Airplay enabled and the Apple TV even has it's own MLB and NBA apps now.
Just did some updates and several more of my apps were Airplay enabled. I'm starting to see more and more Airplay support just like how Retina display support started picking up to where if you didn't support it, your app would start getting poorer reviews and ratings and it became a priority.
I still don't see why most folks didn't understand that moving the Apple TV to iOS meant that the development pace would pick up real quick. It's not using an old outdated and customized version of Tiger anymore. That's what held back the development of the original. Apple is focused on iOS more than anything else right now and for OS X they are focused on Lion. Tiger hasn't been on the radar for quite some time now and when you consider that it was using a
customized version of Tiger that's even more a reason.