Hey thanks for the replies to you both. So basically it makes a tv a SmartTV in a sense that it adds media streaming capability based on the services you subscribe and pay for correct? In addition to that, when downloading content it needs to be connected via WiFi to a Mac or IOS computer to store the data you buy, say from iTunes? So all media bought, music and video/shows purchased from iTunes are streamed back from the computer, to the Apple TV, then to the actual HDTV correct? This would add the benefit of everything in iTunes is always backed up, and you could stream music from iTunes, to AppleTV through your surround system per say to the house or living room as well rather than through the computer alone?