Probably not the best picture, but we did get an iTV from Apple. Basically if you don't follow all things Apple, it copies all the music, tv shows, movies, and podcasts from your computer (iTunes required) to your TV.
As with most things Apple, it exceeded our expectations. The interface is stupid easy, the picture quality is really good, and it has just changed the way we watch TV. We decided not to get cable TV - not only was it too expensive, but it also just made us watch shows we really didn't plan to watch. Now we just give each other a $20 monthly allowance to subscribe to TV shows on iTunes - much easier. And we basically just watch about 2 hours of TV a week (3 shows, since you don't have commercials).
The only issue is that we totally have little idea on what's going on in the US with things like Anna Nicole Smith, etc. - just don't hear about it.