Got so excited about the new update thinking that it would fix myTV not showing up in iTunes anymore since 7.6.1 alas still not fixed!!!!
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It's been weeks now and my Apple TV has been fine. I have subsequently updated to iTunes 7.6.2, but that seems inconsequential.
I noticed my apple TV was not showing up anymore last week and then 2 or 3 days ago it was showing up again after I plugged my iPhone in. Not sure what the deal was but at least it is working again.