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Apple have just announced their Apple TV replacement. The device is one quarter the size of the first generation unit. It has built in power supply, HDMI connector, Ethernet and 802.11n Wi-Fi.Described as 'Silent, Cool and Tiny' gone is the ability to purchase videos - yuou can only rent now. Renting a TV episode now costs $0.99 (ABC and Fox in the US to start with). I addition to renting Movies and TV from Apple, US users can stream from NetFlix too. YouTube HD playback is supported and Flickr and MobileMe plus local music and video too - (we assume to the same locked set of codecs). Price has fallen from $229 to $99 (the rumours were true) - Available to pre-order today - available in four weeks time. No sign of iOS as the operationg system for the new Apple TV though - so no talk of Apps either. Nothing mentioned about local storage size (presumably Flash). No change to rumoured 'iTV' name. Still called Apple TV. "With AirPlay, you can stream music and video from your iPhone, iPad, and iPod touch, too. So if you feel like watching a movie you have on one of your devices, you don’t need to rent or buy it again. Just tap to start playing content on your iPhone, iPad, or iPod touch, then tap again to instantly stream whatever you’re watching — or listening to — directly to Apple TV. AirPlay is coming soon to an iPhone, iPad, or iPod touch near you.1" - apple.com/appletv
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