The current hardware is ancient; it's a single-core version of the iPhone 4s chip.

True. But that means that the old AppleTV is now the only hardware that Apple is selling which has no software support. Pretty unusual, considering they're still supporting the 4S.

They still sell the iPod nano, I would view the old apple tv like that.

Not everyone wants what the new ATV is offering. I have no desire for games, more apps, siri, etc., and as such am not willing to pay > $99 for it. For how I use it, the (soon to be) old-gen ATV is perfect and now it'll cost even less!

It was already reduced to $69 even before today's event.

Well, they're still selling it NOW; the new one doesn't come out til next month. I assume it'll vanish at that point.

They mentioned at the event when they announced the pricing of the new model, that the old apple tv will still be sold for 69$ (source: my memory and http://www.macrumors.com/2015/09/09/apple-announces-fourth-g... )

It appears that the current hardware isn't capable of running most of the key features of the new OS.

Also curious what updates are coming to the older box. Presumably it will run a tvOS light, or something?

My guess is that no significant updates will come to the old Apple TV anymore.

It was cheap. I got my money's worth.

Unfortunately Apple TV sitting next to my Fire TV makes me feel like I wasted a hundred bucks. I only ever use it to airplay podcasts and audio books.

If it's an ATV2 you'll probably get more than you paid for it because it's jailbreak-able.

I never bought the first gen ATV but when the new ones dropped for $99, I snapped one up as an impulse buy and then got another when the 1080p version came out, for the other TV.

I'm impressed with my FireTV stick (1080p streaming over wifi to the tune of 10Mbps for 2.5h straight!!, but I use the AppleTV more.

At $150, I'll probably buy the new one to see what it's all about. These streaming devices are pretty cool and pretty cheap. (I've also got a WDTV and my receiver does spotify+airplay audio; I haven't yet bought a Roku though).

Get http://beamer-app.com if it fits your workflow.

It looks good, but the price is pretty baffling. I can run VLC and plex for free on my iOS devices, StreamToMe is $3, Air Video HD is $5. Is Beamer that much better?

I use mine for plexconnect, Netflix and AirPlay. Is there any other use missing?

Sell it and you'll probably get half your money back.

No significant updates have come for a long time for the AppleTV.

It was always treated more like an iPod than a iPhone.

This is apple - are you surprised? :)