The future of television
This is a picture of my Windows laptop plugged into my television with a simple s-video cable and into my stereo with a standard RCA cable, playing an episode of ReGenesis off of Hulu.com. In my hand is my iPod Touch, logged into my computer using the free VNC Lite app. In other words, the computer becomes a media device (also on tap is Netflix Watch It Now content, iTunes content, YouTube etc) for the television, and the Touch becomes a remote control for the media device.
And now you know why I don't need cable or satellite television, a DVR, an Apple TV, a Roku Netflix player, a Vudu or any other such devices.