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I'm a fan of the WD TV Live. It does all the Netflix, Hulu, Youtube, FB, and probably 20 other services I can't remember right now.
The main thing that I liked about this box is that it can access Windows 7 Homegroup media shares. As long as my home box is on (which it most always is), I can stream any of the 700+ gig of music to my receiver in the family room. This could absolutely make physical media obsolete at my house in the long run.
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