New Apple TV -- Anyone planning on it?


I went ahead and ordered the new Apple TV. It is $99 and I will use it somewhere in the house. But I am seriously thinking about coupling it with a decent DAC and using it to stream all of my iTunes content. My system includes Martin Logan Summit speakers, Jeff Rowland amp, BAT pre amp. Any comments on whether this is a good idea?
rickschell
Is there a way to hook up the ATV so that video goes through HDMI and audio goes through an external DAC for 2-channel? How do you all handle this?

I am about to buy an Arcam AVR600 receiver - will the DACs in the AVR be good enough so that I don't need to worry about this and can just send it all over HDMI?

Thanks
I love my 160 gb ATV. One thing that I have done is to run a long HDMI cable to a new hp computer monitor. The monitor doubles for the ATV and my PC. With the monitor's controls I just switch the source back and forth depending on which I'm using, PC or ATV. really cool.
Mateored -

I have an HDMI connected to my TV and use the optical out to my DAC (2 channel, not an AVR). There's a Dolby Digital output selection under one of the settings, and I have it set to off. I'm assuming having it set to on would be some sort of surround format? At off I get stereo digital output.

Sorry of that sounds confusing.
Kbark -

Thanks for your response. Does this mean that you can only use the ATV for 2-channel for all purposes? i.e., is there a way to have sound for movies go to the AVR via HDMI, while music travels over optical to the DAC?

Still confused.

M
I just got an Apple TV ver 2, and connected it to my PS Audio III DAC, feeding a Pass Aleph P pre-amp, Krell FPB 200 into Martin Logan ReQuests. My testing so far shows no difference in sound quality, as long as I import my CD's as wave files. There is a difference in spacial quailities between Apple Lossless, and wave files.

The convienence is incredible, and I just got a 1 TB drive to import my 900+ CD's into iTunes.

Brave Apple!