Airplay is Apple's TV Strategy (stream any H.264 video over AirPlay)

From the article:

"We found out last night that it isn’t just iTunes content that it will be able to broadcast. Any H.264 content from the web can be broadcast over Airplay to your HDTV.

That includes any video that can play on your iOS 4.2 device, like: Facebook video, YouTube, Netflix, Videos, BBC News, MLB and really anything else you can watch on your iOS device. That also includes videos built into Apps and magazine subscriptions too. All of this can be beamed to your AppleTV via Airplay."