Why should you jailbreak your Apple TV 2? Not only will you get more options that Apple didn't include, but you will have access to XBMC media center. XBMC will turn your Apple TV to the Ultimate Complete Home Theater System. By adding additional plugins such as IceFilms, FastPassTV and SportsDevil TV, you will have access to all the Movies and TV shows free! This will give you a reason to ditch your cable and satellite provider and increase your Internet speed and bandwidth!
Read more about how to Jailbreak Apple TV 2 here!