Just seen this
http://www.iwantoneofthose.com/TVXSTO.htm it looks SOO cool... (or visit
http://www.tvix.co.kr/eng/Products/TVix.aspx)
The TVIX DVD Jukebox is a 200 Gig multi-media storage playpen. Simply plug it into your computer (USB) and it will appear like any external drive, then just transfer images, music and movies onto it. It automatically converts your movies to DivX format, taking an average 6 Gig movie down to around a mere 75 Megs, but maintaining excellent quality. Then you just plug it into your TV and it will play it all.
Intuitive menu system
It supports a host of file formats, such as MPEG , MPEG2 (AVI, VOB), MPEG4 (DivX, XviD) MP3, .JPEG, .WAV, .DVIX, MULTI CHANNEL DIGITAL AUDIO, OGG VORBIS and WMA. It comes with all the cables you need and a remote control unit, so you can order it around from the comfort of the sofa.
200 GB of disc space means it can hold a staggering 100,000 songs (in WMA format), or a mighty 300 movies, or 20,000 photos, or of course a combination of the three.