I love my Xbox 360.  The games are great, the online marketplace is well thought out and very well stocked with corny arcade games, demos, and they're now offering high-def video rentals now as well (but, $6, are you kidding me?  Come on Microsoft, be a little competitive here, you could eat Netflix for lunch!)  In short, this is the best product Microsoft has put out in a long time--Sony is going to have to work some magic to compete with it let alone dominate it.

Unfortunately, I rarely have time to play the games.  What I truly love about this piece of hardware is the fact that I can stream media from my computer to it over my home wireless network, and use my high-def TV and stereo system to view/listen to my media instead of my computer.  I have all of my MP3's on an external hard drive attached to my desktop, and I can stream them to the XBox over my wireless network.  It's got a fairly decent interface for browsing the audio library, and the included remote works well for controlling the interface.

Usually, you use a Windows Media Center PC (if you're one of the 10 people who own one) or the free Windows Media Connect (if you're not) to feed the XBox 360 media from your desktop or laptop.  However, I just discovered this free product called TVersity which you can use instead, and it just kicks ass.  It's a media streamer on steroids.  By using it instead of the MS Media Connect I can stream DivX movies (downloaded from BitTorrent), video streams directly from the Net, audio streams directly from the Net, and even Flickr photo feeds directly from the Net.  Directly streaming meaning the files are never even downloaded to my hard drive, they're just encoded by TVersity and handed off to the XBox over the wireless network.  How cool is that?

This is truly the way of the future, I can't imagine going to back to physical discs again.  If you have an XBox 360 and want visit tomorrowland today, there's a great tutorial on how to set up TVersity with the 360 on TweakTown.