No word yet on whether or not this works
with DivX HD files, but it is possible to stream various non-WMV files to your Xbox 360, by letting Windows Media
Encoder convert on the fly. It's a little bit involved, but once you have everything set up you'll be able to browse
and control movies directly from the 360.
Any HDBeat readers want to give it a shot with some 720p files
and let us know how it goes?