To see pictures of the setup, take a look at the post I made to The Apple Blog this morning, covering my first 48 hours with Apple TV. (See: Life With Apple TV: The First 48 Hours) In addition, the ease of use of the Apple TV really got me thinking about where else Apple could go to take the technology. With a little tweaking, and a much bigger hard drive, Apple could be a serious player for home network storage. (See: Will Apple Ship Wireless Network Storage?)
Per agreement with The Apple Blog, I will not be cross-posting the piece, but instead, have provided links. Enjoy.