Jobs' praises its small size ("You can hold it in the palm of your hand!" he exclaimed, though this seems somewhat irrelevant for a set-top box). We're more interested in the fact that it does everything in HD when available, streams from your computer, rents commercial-free TV shows for 99 cents, streams Netflix content, displays photostreams from Flickr, and pulls content from your MobileMe account. Also sweet: you can stream stuff from your mobile devices, meaning you can start a flick on your iPhone or iPad, walk into your living room, and swap the feed over to your big screen. Nice.