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Originally Posted by X5HogTown
I understand music is streamed real time. Video is copied over in advance onto the harddrive. It can sync with up to 5 computers.
It can not operate as a PVR, yet.
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It does stream video in "close to real time", using the hard drive as a buffer. You dont have to copy them there first before viewing - and the files are not saved. Works sort of like a DVR or Tivo.
http://www.apple.com/appletv/sync.html