Originally posted by: pibb
I'd build a computer with massive amounts of harddrive space, rip all my DVDs to DivX/Xvid copies making them around 700-900MB for each movie.
Then I'd buy a used Xbox and perform a softmod on it and install Xbox Media Center. Run XXGUI (server interface) on the PC, and network the PC to Xbox using a crossover cable or directly into your router.
That'd do exactly what you want while taking the need of having the PC in the living room out, it would also take out most all of the hardware strain on the PC besides the harddrive being accessed. This is how my setup works, and it suites me just fine. I've got over 100 DivX/Xvid encoded movies setting on my harddrive, plenty of choices and all I have to do is turn on my Xbox
http://www.xbox-scene.com/ http://www.how2xbox.com/site/ should get you started.
Good Luck.