Nexus One, TV edition?…
Google says lots of applications will be available in 2011, but for now there's a meager selection, including the standard YouTube, Netflix, Pandora and Twitter apps. There's also an NBA application that displays scores and highlights, if you still care after the Sonics debacle.
I've tested all sorts of gadgets with Netflix lately, and GoogleTV was the first one that failed to work out of the box. The system hung up and directed me to Netflix support, where I was advised to do a hard reboot — unplugging and restarting the GoogleTV box. It worked afterward.
Google's being cagey about its plans to connect GoogleTV to its advertising delivery system. That may be the biggest reason to wait before investing in a GoogleTV system.
If Google's going to use the system to make money off you, with ads, the system should be cheaper or even free.