Netgear threw down today with the Digital Entertainer HD EVA8000, a new digital media adapter specifically designed to stream HD content (not that it doesn't do lower res video as well as music and pictures) from multiple PCs across a home network and to your TV. This has an HDMI port which outputs 1080p, composite and component video out, RCA, coaxial and optical digtal audio out, a USB port for streaming content off of an iPod or any USB mass storage drive, and support for playback of MP3, WAV, WMA, FLAC, M4A, AAC, AC3 audio files (including stuff purchased from the iTunes Music Store, but only if you're a Windows user) and MPEG1/2/4, WMV, XviD, H.264 video files. The Digital Entertainer HD will also stream internet radio, read RSS feeds, let you schedule programs to record and pause and rewind live TV if your PC has a TV tuner, and even has a "Follow Me" mode that allows you to pause content in one room and resume it in another (if you own more than one Digital Entertainer HD). Should be out in the first quarter of this year with a retail price of $349.

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Netgear launches Digital Entertainer HD