Remember Big Steve famously calling the Apple TV a hobby? Luckily someone at Apple didn’t get that memo, and we’ve been treated to a nice shiny update for everyone’s favourite forgotten baby.

According to the change log over on the Apple support site, the update gives us:

• AirTunes Streaming from Apple TV – Music can be streamed via AirTunes to Airport Express speakers or other Apple TVs in your house.
• Playlists – Playlists in iTunes that contain Movies, TV Shows, Podcasts, and Music Videos can now be seen on Apple TV.
• Third-party Remote Controls – Apple TV can now learn other remote controls and use them in addition to the Apple Remote.
• Music Volume Control – Support for volume control in Music.

Nothing that really tickles my fancy, but the third-party control ability will excite some.

Oh, and one note of warning. Obviously installing this update will wipe any changes you’ve made to your Apple TV along the lines of Boxee and/or XBMC. You’ve been warned !