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The original release of the new Apple TV (not the old one, or the Airport Express) resampled everything to 48kHz on the digital output.
You can also stream photos and video that you've taken to the apple tv. it's something they call AirPlay, if you have an old Apple TV you are SOL, but the second gen works fine. If you have an updated iphone/ipod touch/iTunes/iPhoto just look for the funny icon (square and triangle).
can I replace my Tivo with one?