Anyone played around with this? From what I can figure you have to have a pc on a network do all the encoding and send it to the PS3 from there, using Tversity or WMC etc. My file server doesn't have enough grunt to do this with 1080P res video, plus it seems a pretty primitive solution to it all really.
I have a WDTV live in our media room sending divx etc to the projector but have a 55" LG 3DTV in our living room with a PS3 on there that we want to stream m ovies from the server on sometimes without having to move the WDTV around all the time. Surely a PS3/360 with a tonne more grunt than the WDTV should be adble to do this..... :\
