iTV becomes Apple TV

That's right everyone! Apple TV is here! I am time limited, so head on over to engadget and read the story for the scoop. You may also take a look at the new iPhone!

From the article: 

Well now we know that iTV has officially become Apple TV. It's real
folks: we got 802.11 b/g AND 802.11n, USB 2.0, Ethernet, WiFi, HDMI,
bunch of standard outs, plus a 40GB hard drive — all powered by an
Intel CPU. So resolution is only 720p — looks like a few folks are
gonna be out of luck, but TV manufacturers are sure gonna be happy to
sell all those new sets. Not just one, two or three but five computers
can connect to the Apple TV box, making a true hub for all your PCs.
You can watch content stored on your rig — movies, TV shows, photos,
etc. — and you can also pull streaming vid directly off sites
like…! Plus, the box will even grab content from PCs outside
of your house — finally, we can watch all the great swag that our rich
can afford. Interested? You'll be able to grab one immediately for $299.

I am waiting for next year's model.