Xbox 360: now with H.264, MPEG-4, PlaysForSure
It looks like the newest Xbox360 update is going to bring some CODEC loving to the Media Center masses. You can expect MPEG-4, H.264, WMV and PlayForSure Audio streaming.
As per the post below, it looks like this is for the Dashboard only. I guess I need to get a 360 to test this stuff out ;).