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Awesome guys! Thanks for all of your replies. Looks like the WD TV Live is just what we need. Placing our order right now! I knew I could count on SatelliteGuys for reliable info!

My wife and I are looking for a device to hook up to her upstairs TV that is definitely capable of streaming Netflix, and movies shared on the networked computer (much like the capabilities of our Xbox 360, but it's hooked up to the big screen). As a bonus, we'd like Pandora too, but I don't...