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TUAW posted a news story that the Plex media center software is running on a jailbroken Apple TV



That didn't take long. Shortly after the Apple TV was successfully jailbroken, someone has gotten Plex up and running. For now, it's quite buggy (see a video after the break) and limited to video, which means no photos or music. But hey, it's running!

Plex is a media center for the Mac, and pulls content from several online sources, like Netflix, Hulu and Major League Baseball as well as local iTunes and iPhoto libraries.
  Plex running on a jailbroken Apple TV