What would have been more exciting, is a proper DVR style watch list. So that there was one place, where all my "subscribed shows" would show up. Some programs in Hulu, a show in HBOGo, a couple in ShowtimeAnytime, maybe a few in Netflix. And the ones I currently watch all show up as sort of like links in a list, and when I click on a selection it takes me to the prospective app that supports the show.
That functionality is similar to Tivo's One Pass. If Apple TV could help us from constantly having to hunt between apps, it would be a far more streamlined experience for us cord cutters. I think the biggest complaint to cord cutting, is how we have to navigate between all these apps, and when I was on Cable TV and a DVR, everything was just in one place.
A Genius Recommendation function in Apple TV is nice, but I feel is not that innovative....