Media streamers like the Western Digital WD TV Live and Netgear NeoTV make just a little less sense than they did a couple of years ago. In those days, they were the perfect alternative to stuffing a home theater PC into your entertainment center. These days, you can get nearly all the same functionality from a new Blu-ray player or a Smart TV.
On the other hand, the latest incarnations of these two products cost less than a new Blu-ray player, and they’re several orders of magnitude cheaper than a new HDTV (or a home theater PC, for that matter). And while they do have some features in common, the NeoTV delivers far fewer features than the WD TV Live and is priced accordingly, so we’re not making a direct head-to-head comparison between the two here.