I've had my AppleTV for a year and a half. I use it now because at the time I purchased it, it was the best device for streaming media from PC to TV.
Microsoft is well on their way to catching up, mind you. At the time of this printing, I do not have a Blu-ray drive and the 360 is not blu-ray compatible, so I will continue to use AppleTV. Should their next gen system feature blu-ray compatibility, and I find a means to make backups of Blu-Ray movies in TruHD, I will consider switching and using the 360 as my media center. And even then, only IF I'd be able to convert all my movies and TV shows from Apple's format to an MS compatible format.
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