Since AppleTV is a category of an iPod/iTunes extender. Would the new tablet, iPod/iTunes extender be a possible competitor and/or replacement for the AppleTV? Multiple HDMI Out? Then use the tablet as a remote for each output? Just don't see a group of people huddled around a single tablet to watch the favorite movie. Use of Expose on the tablet pc to control the external video ouputs? Use of the Apple remote or iPhone to control the Tablet functionality? Holding the purchasing of the AppleTv in case the Tablet can cover that area and more. On Second thought: Only the 7 - 10" viewing would not be the best substitute for a computer monitor or a TV. The screen may be a way that you would not want to watch video on it. Similar to the Kindle's screen. The cost most likely will be more the current mini.