Steve Makofsky has turned his Windows Media Center PC into a
Media Server. This is the thing about MCE that beats Tivo, MythTV, etc. I can't imagine that the MCE interface is that great, but being able to stick an embedded device next to my TVs instead of a PC has great value to me.
I think I will build a new VMWare Server based server, and then take my old Exchange server hardware to build us a Media Center server as well.
Time to start convincing the wife that our five year old needs an X-Box 360. 8-)