I ordered one of the new Apple TV doo-dads right after they were announced. Didn’t/don’t fully understand it but it sounded like fun, so… Since then I’ve been hearing and reading all kinds of knocks on the gadget, usually from serious video-philes.

Then I came across an interesting theory about where Apple might be headed:

“Here is what I think is happening with the Apple TV hard drive. I think sometime this summer Apple will ship a firmware upgrade for the Apple TV and it will suddenly gain an important new capability. That’s when the Apple TV becomes a node on the iTunes peer-to-peer video network. ”

“Apple would have one or many content channels roughly equivalent to an HBO, Showtime, or perhaps Discovery. Yes, I think Apple will do direct content deals, buying programming that it will then either distribute to subscribers or support with Google ads, thanks to Google CEO Eric Schmidt’s position on the Apple board. Apple’s network will give you the same content with or without ads, delivered from the same servers, one of which may be underneath your TV.”

Hmmm.