Ran into this article, claims : This is a guide that, if followed, will unchain your Apple TV from adding the golden goose of Hulu streaming, Boxee's other main advantage is freeing your Apple TV from its iTunes library. No longer will it be necessary to convert all of your video files into iTunes compatible formats to get them to your TV—Boxee will let your Apple TV read just about any video codec you can throw at it. Minor snag... it chokes on 1080p video but720p works fine. Follow the link for the set-up, codecs and an invite into Boxee's semi-public alpha site.
http://gizmodo.com/5082130/how-to-ma...ial-with-boxee
Boxee site
http://boxee.tv/
[on a laptop or connected to an HDTV, boxee gives you a true entertainment experience to enjoy your movies, TV shows, music and photos, as well as streaming content from websites like Hulu, CBS, Comedy Central, Last.fm, and flickr.]
Now if they get the HD straight, we'll all be enjoying this.