"Apple made its biggest move yet into the living room on Wednesday by starting shipments of the Apple TV box, a gizmo that lets people take music, photos, and video stored on your computer and play them on a television screen
The samll siver box with a white Apple Logo costs 200 dollars and boars of a 40GB Harddisk that can store upto 50 hours of video, 9000 songs and 25000 photos. A remote control lets users watch movies or TV shows bought from Apples itunes store, view photo slide shows or listen to music.
One of the chief complaints is that Apple TV does not -atleast for now - record TV shows."
-Reuters
To Feast your eyes we have this Comprehensive demo taken from youtube
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