The newly revamped, reduced-in-price Apple TV
Standard def movies rent for $3.99 for new releases and $2.99 for library titles. HD movies (1280 x 720) cost $4.99/$3.99.
The user interface allows you to browse through thumbnail images of available titles from most of the major studios and start watching them within seconds (provided you enjoy a broadband connection exceeding 6 MB/second.)
If you already own an Apple TV, the unit will upgrade itself automatically to the new software.
You can read our review of the Apple TV here.