The Industry Standard brings us an article about QTV:

QTV by BroadQ uses a $30 piece of software to repurpose a PS2 as a digital media set-top for a TV or home theater. All users have to do is pop the DVD into their PS2, turn it on, and they are ready to either stream local network content or Internet shows like Revision3’s Digg Reel without leaving their sofas.

Brilliant idea. I’m going to be on the lookout for a copy of this software, and in the meanwhile I’ll dig out and dust off my old PS2.