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Personally, I'm still waiting to for Apple to improve the AppleTV to the point where I want to buy it. I don't stream my video to watch it. While HD is great, unless you have a TV that can handle and display HD content then you are out of luck.
My wife and I invested in a Mac Mini, and projector. This way we can watch our itunes movies in non-hd format, and still watch our DVDs too.
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