Summary: This is my second Apple TV. The first one I added to my living room system over a year ago and it works so well I decided to add a second one to the "man cave" system in the basement. Its as simple as plug and play and works great for streaming web content as well as listening to my iTunes collection. I have yet to encounter a problem with it.
Summary: This is pretty much plug and play. I love the ease. Works great with my Harmony 900. Wish 7.1 was more prevalent though. Will still use blu-ray for certain movies for the sound alone. Worth the $ for sure.
Summary: Great product. I use this mostly to watch podcasts on one of my TVs. It has many other features I'm sure others can take advantage of like AirPlay mirroring where you can mirror the output of an Apple device like a Macbook or iOS device.
Pros: Price, form factor, ease of setup
Cons: I would like to see more content providers provide apps for this device.