I guess it's just me...
Personally? I'm bummed. My maxed out 11" chokes while streaming most all of my high profile 1080 stuff. Plex, VLC, Movist, they all have some issues with it.
Movist usually is the best, but still not awesome.
The worst part though, and the one that has me probably returning the 11" sadly, is the battery life. It really is a machine meant more for light creation, rather than consumption. Watching video, especially streaming it, just chews up the battery.
I'm in a no man's land it seems. There are times when I really need the full MacBook functionality and others when I'm doing just iPad type of consuming...
Yet I have no interest in having both devices.
Frustrating.
Edit: Oh, and before a troll jumps on here. I'm not wasting any time converting files down for devices. On iOS it's great now with AirVideo as you can just keep one super high quality copy of a movie/show and down-convert on the fly. If there was a viable AirVideo Mac App, then on the 11" that would be my answer, but as of now there are just very hacky 3rd party alphas/betas right now.