Any suggestions on what to do with the thing once it arrives?

My high hopes would be that I can stream my Universal Media Server off the PS4 in the living room to the PS TV in the bedroom and have a complete home theater system running off my laptop.

I'm really not sure I can do that, but I won't mind playing from the bedroom on some lazy Saturday mornings.

"The PS TV can now run every single app/game without restriction (via simple hack) #" 

http://www.neogaf.com/forum/showthread.php?t=1116430   <---- how to.

It was patched away, so do that trick before you update.

It remains even after updates, so make sure you do that before you update.

I'd recommend Persona 4: The Golden, it's a must have for the system

Other good games would be FFX HD (if you like Final Fantasy that is), Phantom Breaker: Battle Grounds, Freedom Wars, Uncharted Golden Abyss, Gravity Rush, Steins;Gate, there's more but some of the ones may be a pain to use as they use touch controls. But Persona 4 is a must own!

Do it like me and use it as a dust protector for your last HDMI port on the TV.

O.O...now that's crazy useful.

Just play games with it.

The fact that you can hack it to play like 99% of all the PS Vita games... makes it a decent device.
Its weird that so many games actually work pretty well, after just unlocking them via the hack.

Why the heck hasnt sony just allowed the PS TV to play all the games from the start?
PS TV sales would go up alot, cause of how cheap it is, compaired to the vita.

Get games like persona or freedom wars

If u had a vita there was no need for this

I still kinda want one just to stream ps4 games if nothing else. The other features like Netflix, I can do on every tv in my house now without the need for an add on. It should be super cheap, now. Right?