We've posted on Connect360 from nullriver severaltimes before. This handy Preference Pane application allows you to stream media (music, pictures, and video) from your Mac to your Xbox 360 (by emulating a Windows machine). Well the Fall 2007 Dashboard update for Xbox 360 just dropped this week and, among other things, added DivX and Xvid codec support. So nullriver has updated Connect360 to version 3.2 with support for these video codecs.
Connect360 remains $20 and a demo is available. Thanks to everyone who sent this in!