You could JB your ATV2 and and install a beta-ish (or even alpha-y), buggy Plex plug-in to stream un-converted live-transcoded stuff from a Mac/PC with Plex Media Server running. Or you could install a proper non-beta-ish Plex client from the APPSTORE: http://appshopper.com/entertainment/plex on your JB iDevice and, thanks to the recent AirVideoEnabler tweak available on Cydia, you could beam movies via Airplay from the iDevice running Plex to the ATV2. This saves you from JB-ing your ATV2. You still need a Mac with Plex Media Server to live-transcode videos and send them to the iDevice. Mac [Plex Media Server] ------> iDevice [Plex from the Appstore + Cydia AirVideoEnabler] ------AIRPLAY-----> ATV2 I don't own an ATV2, this is just speculation. Am I missing something? Has anybody already tried this?