Stream video to your TV? Could be handy. But there are two very, very important things that are likely to be painfully missing: 1. Where's the TiVo functionality? The thing is already networked...it would take little effort for it to get TV listings. A box that can stream recorded video from computer to TV is only half as useful as a box that can also stream and record TV to my computer. A video recording and streaming iTV could eat the market shares of both TiVo and Slingbox type systems. The chip needed to do this doesn't cost more than about $30-$40; raise the unit price a little and get the job done right! Or...is this another case of Apple shafting the customers on product functionality in order to try to force them to BUY all their video/TV content off the iTunes store? 2. Compatibility with video formats that people actually USE. Go ahead; search your hard drive, look on the internet. What format is the planet's de-facto standard? AVI. I must have half a terabyte of anime, TV shows, and movies in various non-Apple formats, from the generic .avi's to .ogg (Ogg-Vorbis) and .mkv (Matroska) packages. If history is any indicator, Apple will only support Quicktime formats, as used by their iTunes video store. Apple's audio streaming solution (the Airport Express) was acceptable (if a little clumsy) because most people's music was in MP3 or AAC to begin with; the device had compatibility with the installed media base. Would you buy a car that could only use Mercedes-brand gasoline? I sure as hell wouldn't. Witness the success of .avi-capable DVD players; THEY are giving people what they want. If Apple is going to keep their not-invented-here stick firmly lodged up their nether-regions by not supporting .avi out of the box, they MUST at least provide easy ways for third-parties to provide the necessary video support. A set-top box that can't play .avi's is about as useful as a one-legged donkey. Critics have said George Bush exists in a sort of information bubble, isolated from the real world. I'm starting to think The Jobs exists in a similar bubble, surrounded by Apple technology, protected from the real-world ecosystem of video formats that people actually use. (Perhaps people would actually use Apple's video formats if they hadn't been so greedy that they charge an upgrade fee to actually gain access to Quicktime's full functionality. You can get plenty of .avi tools for free.) I'm not sure if Apple is truly that stupid and just doesn't understand what's going on in the real world, or if Apple has become that greedy, that manipulative in their Microsoftian efforts to force people to live only within their product ecosystem. Either way, Apple and The Jobs should be ashamed of themselves.