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I own the xtreamer ultra for almost 6 months
The MED-500X2 is not very old. I think you might have it confused with the MED-500X. I have one and I would definitely recommend that. I haven't had any problems with mine. I am not sure of newer ones but maybe other members can shed more light.
My use will be largely as a server and less for downloading/streaming large media files from the internet.
Other contenders appear to Popcorn Hour (uses Sigma chip), D-Link Boxee and AC Ryan. Any views?
As well as displaying the UI on the TV and using the remote control, do any come with PC GUI to control, select/play and manage the files on the media server harddisk?
What sort of server? File server? DLNA? This makes me think you might prefer the HP Microserver.
Usage will be to play the media files on a PC or Laptop via network cable and wireless, and to select (from PC or remote control) for playing through HDMI connection (up to 1080p plus 5.1 audio) to AV Receiver (Denon AVR-2310C1).
Require re-confirmation of an earlier question. Will Mede8er 500x2 allow control from the PC such that the files can be browsed and played from Mede8er to the hi-fi? This way there is no need to look at the TV screen or have the TV on (ideal when just playing music).