A new version of TVersity was released on 25th December 2006 where in most recent beta release itterations, it addresses AV streaming issues to ensure Xbox 360 users move over in their droves to a real Internet and Network capable UPnP Media Server.
The "TVersity Universal Media Player" has a clear roadmap and goal, where if my understanding is correct it's to :-
- Enable all it's user community of numerous network AV playback devices to "just" play any NON DRM'd AV media from "Wherever they want to Wherever they are" without worrying about download, conversion and network media serving issues.