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Apple just issued a 4.2.1 update to AppleTV that is meant to fix a few nagging bugs:
4.2.1 Direct Download.
- Snow Leopard 10.6.7 causing iTunes crashes for some MacBook Air owners (9to5mac.com)
- AirPlay video comes to first Apple TV with hack (9to5mac.com)
- 2011 MacBook Pro glitches causing display flickering, lock ups under heavy load (9to5mac.com)
- A5 Powered Apple TV 3 To Handle 1080p Video? (9to5mac.com)
- Apple TV unseats iPad for Netflix viewing hours (9to5mac.com)
- iOS 4.3 jailbreak: Apple TV version released, iOS device version in alpha (video) (9to5mac.com)
- PWntoOWN bug fixed in the latest 10.6.7 software update (9to5mac.com)
- Apple updates Remote.app to 2.1, adds AirPlay, Internet Radio (9to5mac.com)