If you want to stream to your apple tv it works great with air play. You have to turn it on in settings first or it will be just audio. Zero lag and pixelation for me. One problem is that your entire computer is shown. It could use some way like in boxee, which does not work near as well btw to only show selected folders. There is a password option but still every folder on your machine is visible.
5 stars for how well it works but 3 for lack of protection.
butcher99 about VLC Streamer Pro, v4.30