The encoding and decoding of those "standards" are flaunting some patents and copyrights. It would be suicide to build it without the patent or releases.
Bob
I watch a lot of TV and movies on my computer, but I recently got a big screen TV and would like to find a way to watch my computer media on the big screen. I just heard about the streaming media players that you can hook up to the TV and a computer network, and since I have one in my home, this would work well. Are there media players that support most or all of the video formats, as well as jpg and mp3 files too? Or would it be best to wait until the technology is a little older and more mature?

Chowhound
Comic Vine
GameFAQs
GameSpot
Giant Bomb
TechRepublic