This does look very exciting, it's one of the plans I have for the R pi. Can't wait, been a fan on xbmc since the original xbox.
Once we get more details though it will be better, like what bit rates it can handle etc.
The GPU performance is discussed at length elsewhere, but it's basically 1080p30, high profile, >40Mb/s.
Principal Software Engineer at Raspberry Pi (Trading) Ltd.
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