Just got a new apple Tv 2 for the holidays and I am trying to figure out if it's worth it to jailbreak the Atv and use FireCore or XBMC to steam the AVI, or MKV's from my iMac or if I should just let iFlicks or iVI transcode the files for me. One of the added benefits of transcoding for me is the updated MetaData and cover art. Also all the files being nicely organized in iTunes. The disadvantage it seems is the time and speed to convert the files to a format that AppleTV and iTunes uses. It hasn't been taking that long so far to convert a few files and I could probably easily convert my whole library within a couple weeks. What have other people done and how has it worked for you? I do have my ATV2 already jailbroken running firecore, but I can just get a refund because I have 2 weeks I think to see if I like it. I just haven't found really any advantages so far except for the need not to transcode the files. But I have heard people say that it can sometimes be laggy or freeze up while playing larger avi or mkv files.