Gadget godfather Walt Mossberg is first out of the gate with a review of the Apple TV, and he likes what he sees. It seems that Apple's first A/V product designed for the living room worked exactly as advertised. Over 10 days of testing, Mossberg (and colleague Katie Boehret) was able to stream the iTunes-based music, video, and photos from six computers--three Windows PCs and three Macs--without a hitch. Even more impressive was the fact that the video streaming was stutter-free, even though he was testing with an older 802.11g wireless router rather than the state-of-the-art 802.11n Wi-Fi version that's built into the Apple TV.
The full review at Mossberg's Personal Technology site (which, curiously, does not require a subscription even though the paper's main site does) goes on to point out the key limitations of the device--it only streams iTunes content, and only works with HD or EDTVs--as well as some feature comparisons to the streaming and video download services available on the Xbox 360 (one of several competing devices). You can also watch Walt and Katie's YouTube-esque video review embedded above.
CNET will have a full review of Apple TV soon.