Got my apple TV TODAY! few questions and my thoughts

After watching the keynote and seeing the new itunes rental system i decided to go out and buy the appletv... I wanted to jump the gun and get it before the update comes out... Anyways, few questions
1) I don't think this is possible but is there anyway to stream a DVD playing in my computer to apple TV? I understand Apple TV uses quicktime, and quicktime can't play DVD's so I am thinking it is not possible.. Am i correct? I really hope I am wrong on this one though ahaha.. I know i can rip then convert but that takes way too much time...
2) I have read conflicting answers to my next question, the apple support article states that you can already stream rentals from itunes to the appletv but that is not possible yet.. Am i correct? just want to make sure my appletv isn't messed up... According to the apple website the unit needs the upgrade so I assume I am right here too...
3) last, anything else i need to know or that you might think i would find useful when it comes to appletv??
I love apple and have been a long time apple user... Appletv didn't float my boat at first and was a pretty lame and expensive device i though... HOWEVER, take 2 seems to be a very nice step in the right direction.. FIRST, no monthly subscription fees like netflix and tivo while still being able to rent and pay as you go without using a computer (This netflix feature is coming late 2008 when their box releases).. I think i am going to love the new integration with web gallery!
There are still some features i would like to see in apple TV and i will be submitting feedback about them ocne the update releases, but this step and price drop warrants a purchase imo..

I had the same idea... I felt that 40 GB would be plenty especially b/c i plan to use it mostly for rentals... But it also gives me "Insurance" incase the appletv becomes huge after the update and apple decides to release a new generation in the next year or so or if i decide i actually do need more memory.. I won't feel as bad buying it knowing i only spent $229 on this one.. but i would be pretty upset with myself if i purchased the big model and never used the memory or if apple released a new generation in the next year....
BTW, if you purchase it at a reseller, make sure you take an apple add with you.. they may not have rolled the price back.. Circuit City was like that, i had to show the apple home page to get it for 229

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