Media Extender  - I think that the correct terminology.

I have a WHS ver 1, with MyMovies.

Also have Win7 client, and that all works well and dandy with MyMovies, and connects to the Xbox360 to get the full Windows Media Centre / MyMovies experience replicated from Win7 to the Xbox360. Nice ....

Ideally, I'd like to bypass the necissity of using the Win 7 client for the Windows Media Centre streaming, and do this directly from WHS.

Trawling the interwebs, there seems to be 2 main ways to do this:

1) Shoehorn Win XP MediaCentre edition onto WHS, with reghacks, etc
2) Virtualise a Vista / Win 7 client with Windows Media Centre on the WHS Box, and run the extender from the virtualised PC.

Has anyone tried either of these methods ?  Or does WHS Ver 2 already provide this level of functionailty - thus giving me a compelling enough reason to upgrade - now that there seems to be a couple of working solutions to the loss of Drive Extender from ver 2.

The current WHS box is a bit dated, 1.8Ghz HP box, 2gig RAM, and a couple of SATA cards. So even running a virtulised PC on this hardware could tax things a bit .

Cheers