I have a Mac Mini as a dedicated media machine hooked up to an AppleTV. Its a late 2011 model, with 2 WD FW800 drives attached. One 2TB and a 1.5TB one. Ripped movies on one, TV Shows on the other. I'm running out of space, and starting to think about my media going forward. I am seriously considering selling all this gear and using the proceeds to purchase movies/tv shows as and when I want to watch them from iTunes. (or when they are on a good deal). On the plus side, I can purchase a movie/tv show and its then available to the Apple TV, and all my other iDevices via the cloud. No back up worries, no iTunes needed to be running etc. Also no time spent ripping/tagging/adding to a library. On the minus side, eventually it's going to get quite expensive I think. Also, I'm not sure I could get by with no dedicated iTunes library at all. Especially for when certain titles are not on iTunes (or not in HD). My other worry is the stories I've read (although not experienced) of titles being lost after being purchased because the copyright owner has changed hands. Wondered if anyones managed to make this switch?