I am planning on getting an Apple TV2 for upstairs. Currently in the basement I have a server/htpc that runs to my projector. I have about 4tb of media on it, although they are direct rips off my blu-ray discs which I keep in storage. I would like these playable on the new Apple TV2. I know in their current format (uncompressed MKV files, with HD Audio) they will absolutely not play on the Apple TV. I'm assuming the way I'll have to go at this is make a second copy of each video converted in hand break or or iFlicks. I guess my question is, is there a better way. I'm aware of air video, but I don't want to rely on it a ton for two reasons. First being ease of use for the family, second reason being I don't want that computer bogged down doing real time conversions any time someone is watching something. My question is, has anyone else found a better way to manage a setup like I currently have? One other question, if I convert everything using the iTunes 1080p setting in iFlicks will the ATV2 be able to handle it? I know it won't output at that res, but for the sake of saving time in the future when Apple TV does do 1080p I would like to know if I can just convert them to 1080p now.