Courtesy of our buddy Dan Wu over at Engadget: Although there are
modchip hacks and free media software already available,
Microsoft is releasing an official $80 Xbox Extender kit so you too can peruse pictures and videos, as well as stream
MP3s from your home network for viewing and listening on your TV (we're sure Voodoo and their
Vibe are a little rattled by this). The catch is that you
need to subscribe to Xbox Live, or this won't work for you. But we won't mention again how there are other ways of
doing this on your Xbox (wink, wink).
Engadget
TUAW