Yeah.....I see where you're going. My only problem with the Mac Mini PVR route is the inability to record HD content via Cox Cable. That's why I chose Cox Cable's DVR. I also have an Eye TV Hybrid which I really enjoy. However, I've yet to be able to get any HD content (OTA) 'cause I've been too darn busy to go to Radio Shack and get an HD antenna.f, like me, you don't have a pre-existing media library, then you're probably better off doing what I did: buy a Mac Mini and plug it directly into your HDTV which (as noted upthread) adds PVR functionality if you have a TV tuner. The custom build option for a 120GB HDD is more than enough to get you started, and Iomega and LaCie offer external drives which stack with same styling as the Mini if you want to expand.
TV - sooo cheesy a monicker). As the movie content on iTunes isn't exactly DVD quality, I don't intend on buying and watching any iTunes movies. The stats indicate that the iTV won't be able to wirelessly stream DVD's or record television programs as a DVR, so if the only purpose is to stream movies purchased from iTunes then I'm checking off this overpriced $300 Airport Express. Sorry Apple, you need to add a few more options before convincing this long-time Apple consumer that this new product warrants a position under my flat screen system.