I've been doing a ton of research and I am considering buying an ATv and hacking it with common tools or just using atvflash.com's solution. The reason why I want an appleTV is not so much to play my itunes content on my tv, or to rent apple's pay movies... but to have a simple and effective way to play downloaded divx/xvid/avi/mkv files on my tv. Right now anything i download plays in perian or vlc - but only 1/3 of those files work on my ps3... I'm thinking a hacked appletv will be much better? Thoughts?