If this doesn't make you tingle all over, then you need to check your pulse. It's only been since November that we've had movies available to download on the Xbox 360, and soon it'll be live and recorded television as well. In the months after that, the console will slowly take over your kitchen, bathroom, and bedroom, leaving you fully assimilated into Microsoft's SkyNet service, offering sentient oversight of all of your bodily functions.
For now, revel in the goodness of Engadget's Xbox 360 IPTV interface gallery, and check out the video of this baby in action on Microsoft's Channel 10 site. TiVo, you'd better start working overtime.