I'd like to see it on multiple DVRs, set-top boxes, etc, but I doubt the providers will play. If DirectTV and Echostar can get in the game, I could see them, Tivo and possibly Apple getting involved.

You hit the nail though regarding the overnight download- it's all about moving users comfortably into an online version of the way they use netflix now, rather than failing when they expect to be able to watch the videos as soon as they "rent" them- through streaming or on demand or whatever.