Click to viewIn case you were wondering, it is possible to upgrade that measly 40GB hard drive on Apple TV, in this case to 120GB. Tipster Jonathan Bare says he's done it, resulting in a capacity of 107.36GB. Now that's more like it.
He sent along these two pictures (click on the gallery below for enlargements) showing the results of his hard drive upgrade, with a promise to tell us how he did it later on today. Watch this space.
Update: Here's the full step-by-step guide.