"Movie format not recognized"
"The movie format cannot be recognized, and can't be played on this Apple TV!"
Then, if I unplug the ATV, and Plug it back in, wait for a reboot, and resync from iTunes, it will play fine. It's just a hassle. It all worked flawlessly prior to the update, and in a year of using it I had never once had to unplug it, and plug it back in, now I'm doing this every day.
On a side note, putting the ATV in standby, resyncing, and restarting it works every once in a while.
Also, all of my HD home movies (M4V format, they play fine in iTunes, and Quicktime on my MBP) will no longer sync to the ATV, and won't play streaming either.
Anyone else having these issues? I've been anxiously checking everyday for an update/fix, but alas, nothing so far.
Thanks Everyone
Macbook Pro, Mac OS X (10.6.2), MBP 2.33 ghz, iPhone 3G, Apple TV, Airport Extreme