Stream video from XP! (this fall, we hope)
"If you have a home network (wired or wireless), you can use Windows Media Player 11 to stream the contents of your library to networked devices. For example, if you have an Xbox 360 or other digital media receiver (DMR), you can use Windows Media Player to stream music, pictures, and videos from your computer to that device."
WMP 11 is an XP program. Putting two and two together led us to believe that WMP 11 would finally allow people to stream video to the 360 without a Media Center PC. Unfortunately, it looks like this functionality will have to be included in the expected fall update to the 360 dashboard. It's obvious that it's supposed to work, the 360 just needs an update to accommodate it.
On the bright side, WMP 11 does have Windows Media Connect built in, saving people a few steps in the 360 music/photo streaming process. We asked someone over at Microsoft to comment on the expected update for video streaming. We'll let you know what we hear.