I've been waiting a while now for Sony to drop the price of it's Blue-Ray player / game system and with the advent of the new slim PS3 I now own one. I installed
PS3 Media Server (PMS) and can now smoothly stream any type of video directly to my HD TV. I'm using a hard wired cat5 network connection and PMS will transcode files on the fly if they can't be played natively on the PS3. Works great!
Finally I can show my videos in HD on a real TV. Oh yeah, and I can surf the net on my TV, watch blue-ray movies, stream my music library, view stills from my PC and play silly games too. The whole process was remarkably simple.