We personally love it, but not everyone thinks the new AppleTV is much of an improvement over the old model, which featured local storage, legacy outputs, was fairly easily upgradeable and was easily hackable with great media center software like the Boxee Box.
If you’re one of those nostalgists and think the AppleTV took a step back when it became a streaming media only affair, good news: Apple’s dropped the price of the 160GB first-gen AppleTV from just $50 more than the new model.
Of course, buy that and you’ll miss out on the inevitable fun that everyone is going to start having once jailbreak developers start really mastering the capabilities of the new iOS-driven AppleTV, but heck, there’s always room for both in your entertainment center.