thread hijack - WD TV Live Stream i think is a better device and cheaper. no need to hack around the apple thing. it just works. and outputs at 1080p. i think it's about the same price if not cheaper unless you got some apple deal.
and with vudu/netflix/huluplus all the content you could want minus live sporting events. and of course flexibility to stream existing content you 'own' on other drives.
so i vote for return it.