After years of wanting a media extender for the living room (and wanting to remove the sneaknet of DVDs) I sprang for a XBOX 360 (at an amazing price I might add) for just this task. Unfortunately being back ordered it has not arrived yet.
A couple of days later I'm listening to Window's Weekly # 84. Host Paul Thurrott mentions his pick for a cheap media device to watch video in the living room. Of course I say the XBOX 360… nope it's the WD TV HD Media Player!?!
I was a little bumbed until I discovered that the WD TV HD Media Player doesn't steam and you still have to sneakernet stuff on USB harddrives or keys. Still it's a cool product just not what I'm looking for.