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We will be cutting the cord this month so the ATV will get more use. We will use it for Netflix and Hulu. Sometimes I use it for Photostream and music.
 
I use my Apple TV for:

iTunes rented/purchased content
Homesharing
Netflix
Hulu
HBOgo
iMovie theatre
iCloud photos
Watch ABC
Watch Disney Jr
Watch ESPN
Crackle
Amazon Prime via airplay
 
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