When I tested it(about a month and a half ago, not with the latest version), it's wasn't a pleasant experience. Video did run smoothly, but menus where painfully slow.
(I've used a slow SD card which might caused some of the problems - I ought to try again with a better one)
Old? How long has RaspberryPi been released, this year? It's one thing to have a chip that will do this, quite another to have the chip on a usable system that you can program for $35 setup.
Either way, it's not old news for me. That's why I posted it.
Not sure what you mean about 'results'? Could you find one for me and post it?
"... Otherwise please use the original title, unless it is misleading ... Please don't submit comments complaining that a submission is inappropriate for the site. If you think something is spam or offtopic, flag it by going to its page and clicking on the "flag" link. ..." ~ http://ycombinator.com/newsguidelines.html
(so is this a moderator post commenting back? - notice a title change & this comment on a new account. If so, moderator, stop being so snarky)
the MPEG-2 license - http://www.raspberrypi.com/mpeg-2-license-key/
or the VC-1 license - http://www.raspberrypi.com/vc-1-license-key/
CPU usage does stay high while using XBMC menus, but it seems responsive enough.