Why watch anything less then 1080p
Because I have about 600 titles in 480 and exactly 0 in 720 or 1080..
ttp://www.slashgear.com/apple-unveils-airplay-mirroring-1080p-streaming-to-tv-11233215/
Apple has just demoed a new AirPlay Mirroring feature that can be used to easily push 1080p content wirelessly to your TV from your Mac running the upcoming OS X Mountain Lion. This means no more fiddling with an HDMI cable to get the same result. Audio can also be mirrored this way to AirPlay-enabled stereo systems and speakers.
But besides streaming audio and video content from your Mac to other AirPlay-enabled devices, the introduction of Game Center on OS X Mountain Lion, also means that games can be streamed or mirrored. With AirPlay and Game Center now integrated into the Mac, users can play against other Mac users or even iPhone and iPad users.
With this integration, Apple can push more multiplayer games that work across both OS X and iOS so that users can play against each other whether theyre on a Mac computer, an iPhone, or an iPad. Apple demoed the fun in action on stage at WWDC 2012 with a racing game.
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i.e. this is to replace hooking the mac up to the TV with wires..so say I'm watching a you tube video I'd like my wife or daughter to see I can mirror my screen to the Apple TV...
1080P is a capability, I'll bet that you cannot stream 1080p to an older apple TV either. It's an apple TV limitation not an inherent computer limitation. computers that are being included in the OK to use list are less powerful than in the not ok list. Quick sync is not that powerful, it's cool made my uberfast hack sillyfast in windows. This is another artificial limitation so folks will upgrade HW.