My personal experiences is I have a dedicated HTPC (MCE) in the living room that ties to my WHS sitting in the basement plus a Xbox 360 in the bedroom that interfaces to the HTPC.

But before I picked up the 360 I was looking at other devices and nearly picked this Patriot Box Office up, might be worth looking into for your needs. I personally don't have anything positive to say about Apple or itunes so I will bite my tongue and this device lacks itunes itself... not sure how you could get itunes without having a HTPC of sorts or an AppleTV. But this thing is pretty affordable, can even put a hdd in it if you'd like.

Review:
http://hardocp.com/article/2009/12/29/patriot_memorys_box_office_media_player_review/1

http://www.newegg.com/Product/Product.as...9-002-_-Product