XBox news roundup from E3:
A price cut and more storage and interface and functionality upgrades.
Netflix-on-360—finally.
Details:

_For now, Netflix will only stream in about-SD resolution.
_As Netflix transitions to HD, Microsoft said it stands to reason that streaming HD to the Xbox should be feasible.
_Netflix will be for Xbox Live Gold members only, so you’ll be paying that [...]

Via NewTeeVee:
Roku, the maker of the $99 Netflix streaming set-top box, has told Forbes that it will be updating its software later this year to let the device stream video from other “big name” providers.

Google has released Google Media Server, a PC-only beta, “desktop gadget” for Google desktop that utilizes Universal-Plug-N-Play to stream media from your home PC to a network-connected display.
Google’s first toe-dip into the TV advertising pool?
Download Google Media Server.

The scoop on Mrmr:
Mrmr is an ongoing open-source research project to develop a standardized set of protocols and syntax conventions to control live installations and multimedia performances via mobile devices. The project is currently spearheaded by Eric Redlinger, researcher-in-residence at Brooklyn Polytechnic University’s Integrated Digital Media Institute (IDMI).
Simply put, Mrmr is a technology that enables [...]

A thought-provoking piece from Joel Johnson (Heh…no relation.) at Boing Boing gadgets. It really is only a matter of time before “little computers” are actually built-into monitors.
In Appledom, iTunes is the future, not AppleTV. AppleTV and other PC-based media centers only exist because no television manufacturer has figured out how to make a passable, [...]

Blockbuster is apparently looking to develop a set-top box to deliver streaming video rentals. While it would seem that such a device would have an advantage in the size of it’s content library, especially after purchasing Movielink, what really differentiates this (assumed proprietary) box from a “cable channel” that you need an additional piece of [...]

Worthwhile: Saving the HDi platform for non-HD DVD media.
MS Don’t Kill HDi! An Open Letter from Format War Frontline
On a technical implementation level HD-DVD was farther along than Blu-ray, even at the time of its death. HDi comprised a powerful tool and a competitor that raised the stakes on its rival, especially because it was [...]

Adobe is soliciting material for it’s “Adobe Dynamic Media Customer Reels,” to be showcased at NAB, among other places.
This is a chance to showcase the work you produce using Adobe® After Effects®, Adobe Flash®, Adobe Premiere® Pro, Adobe Photoshop® Extended, and other Adobe products. We want to see your work and show it to others [...]

Apple Rumor: Some sort of event/announcement at the end of February.
Apple files a rather interesting-looking interactive video patent(s) regarding the Apple Remote and AppleTV. Widgets in yr video.
Perian has released a 1.1 update, including performance enhancements and support for DTS and AVCHD. It also improves compatibility with Quicktime 7.4 (Also updated with a bug and [...]

InteractiveTV Today [itvt], the first, best and most widely read news source on interactive and multiplatform television, is pleased to present the second annual TV of Tomorrow Show, March 11th-12th (Tuesday-Wednesday), 2008 in San Francisco, California at the famous Yerba Buena Center for the Arts.

Engadget has a short blurb from CES about Imagion AG, one of the leading-edge HD disc-authoring companies, with an excellent gallery of example and screenshots.

UPDATE#2: Full story at NewTeeVee. Current.com is to replace Current.tv.
CurrentTV has a redesign new site in the works, and from the sneak peek, it looks well thought-out. Top-level sections dedicated to Browsing, Participating, Contributing, and Watching. A nice simplification/organization from the jargon-laden CurrentTV site below:

Snips+notes on Adobe’s implementation of H.264 video in Flash—
* This is a pretty big step in the direction of interoperability of digital video platforms—Web Video/Settops/IPTV/Digital TV/mobile “hardware acceleration” for Web video will be a boon to the adoption of HD-ish quality video via the Innertubes.
ISPs better step it up. Cable’s Bandwidth Shortage.
* Adobe has licensed [...]

The Workbook Project interviews Eric Bassett of Absurda, David Lynch’s interactive collaborator, discussing the DVD release of Inland Empire.