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Yup. It's basically just a Jelly Bean 4.2 (API 17) fork. Should be able to run anything JB can.

So Amazon's fork gets to Jelly Bean before official Google TV (still on Honeycomb) does? Ouch.

How do you know Amazon is forking Jelly Bean?

The Amazon Fire TV runs Fire OS 3.0, based on Android Jelly Bean (API level 17).

You can also get more specs on it here http://bit.ly/1pLH83y