It's not quite Foxtel IQ and it's isn't TiVo either. The T-Box lets Telstra users watch movies and TV from the Bigpond site, as well as record and watch digital TV
Unmetered download agreements are next the battleground as games consoles follow the Apple TV's lead to support movie download services.
Telstra has completed the 100Mbit upgrade to their Melbourne cable network and are next planning to get 30Mbit speeds into the rest of the country; but first they'll need to dispel those endless NBN comparisons