A new version of TVersity Media Server(info) has been released. TVersity allows you to stream pretty much any media (music/pictures and video) format to your Xbox 360 (with on-the-fly transconding if required) from a Windows PC.
What's new/fixed:
* Support for Xbox 360 2007 Fall update, Divx/Xvid can play natively.
* Support fast-forward, rewind and skipping with Xbox 360 while transcoding, within the portion of the media that was already transcoded.
* Include all the patches for the Sony PS3 firmware verison 2, including support for WMA lossless and FLAC.
* Revert HR20 profile to use PCM audio since many users do not have a firmware with WAV support, and add two new profiles for HR20 with WAV support and for HR20 with MP3 support to be set manually by users that have an adequate firmware.
* Support fast forward and rewind within transcoded media with PS3 firmware 2.
* Add experimental support for Windows Mobile - downloading and streaming audio is now supported with Windows Mobile 5.0 or higher, only MSIE and WMP are required.