I had tried it a while back stopped because anytime you go into or out of video streaming it would black out the whole screen for a second or two before starting to buffer the content. It’s particularly annoying if trying to search for a particular episode of something.
That’s probably the ticket for it though. I find the lack of audio pass through to be the more annoying piece though. I have a machine that costs significantly more than the Apple TV and has knowledge of all of the attached speakers to do that decoding.