The early word on Google TV is that it's kinda messy! So's the inside of the Logitech Revue, which is basically a netbook on a motherboard, complete with a 1.2GHz Atom processor.
Though like Jason says, if everyone's just trying to sneak a computer into your living room, Google's simply the most honest about it. And the generic hardware from netbooks past means it might not be too difficult for more enterprising nerds to get Google TV running their own HTPC in the not-so-distant future. [iFixit]