SageTV introducs the new STPHD200 HD theater that lets you play your media from your PC, Mac, network storage or USB storage in FullHD on your HDTV. The device also allows you to watch live TV as well as YouTube and other online videos without PC.
The SageTV STPHD200 supports MPEG1/2/4, H.264, WMV9, VC1, MKV, MOV, AVI, FLV videos, AAC, MP3, WMA, FLAC music and JPEG, PNG and GIF images files. HD200 has an Ethernet jack; HDMI, Component, S-Video and Composite video outputs and a USB port on the front.
Update: The Sage TV HD Theater has been released and the price is $199.