Only in as much as it lets you access content streams on the Internet. It doesn't let you control your TV via the cloud or anything. In terms of functionality I

Only in as much as it lets you access content streams on the Internet. It doesn't let you control your TV via the cloud or anything. In terms of functionality I think it's pretty comparable to any other content stream you can hook up to your TV, going back to Ataris and VCRs.