The Apple TV has been redesigned and is now a third of the price; however, it lacks on-board storage and a number of "must-have" features.

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Apple has changed its Apple TV line-up overnight by removing the 40GB model from sale, which means that the TV and the iPod Classic now only come in 160GB capacities.

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The Olympics are nearly over, and the Australian team deserves kudos for an excellent performance all around. Yet even as the Olympic sun sets on the Bird's Nest for the last time this weekend, millions of spectators around the world will be scanning their dials in the hope of finding something else to fill their viewing hours.

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After looking at what Apple has done in the past, there are some clues going forward. A good place to look is some of its older products, both software and hardware.

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Adobe's Media Player is an excellent application that is beautifully designed and easy to use. Shame about the currently available content.

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A lack of playable formats and limited functionality really stunts the appeal of the otherwise elegant Apple TV. Read our Australian review.

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What you'll need:

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