I’ve been playing around with the AppleTV for a couple months now and starting to notice the limitations. There’s problems with organizing the content (podcasts, lectures from iTunesU, for example), with synchronization, and, while integrating with iTunes store makes 1-click shopping pretty easy, I don’t like how it’s tied into a proprietary system.
As such, I am looking forward to the release of Myka. Myka is an appliance that plugs into your TV and taps into your home’s internet connection. It makes use of torrents and makes content in a wide gamut of formats available. The company is taking pre-orders already and appears to be ready to ship sometime this season. Going to be exciting to see other competitors coming to market.