"Telly, the first home entertainment server built for the living room, makes it easy to store, manage, access and enjoy digital entertainment in the home. The TeraTelly model provides a vast shared digital video library that can include entire music CD, DVD and digital photo collections as well as recorded videos, home videos, and Internet downloaded videos. TeraTelly also includes DVD and CD archiving and instant access to weather, financial information and movie listings. This huge digital media library may be shared with networked Telly clients, media adapters, and PCs across any home network, whether wired or wireless, and can be managed from any web browser."I have to say, with 1.2 Terabytes of storage an a price of $1999 this thing might just fly off the shelves. I still think MCE "component sized" devices are a better solution but you can't ignore the size and price of the TeraTelly.