The remote is really neat with its simple layout and full keyboard.
I also found some third part applications that allow you to use hulu(which has been sadly removed from the official boxee app area) and almost all other tv networks. There are also massive databases of movies and television shows through some off the radar apps - just spend some time looking.
At the moment it seems worth it - no monthly charge, no limits on what you can watch(some shows do cost money but there are ways around that, others are just ad supported which just means that every once in a while there will be an ad. Cool Remote to play with as well.