Re: Official XBMC Releases and Discussion
It will play DVDs. It will stream anything, you just need to share it, or enter the URL for the source. It's a very powerful media centre. You'd be best checking the official forums, rather than asking here.
While I had my Xbox it was my main media centre. I just shared the folders on my PC and I could watch anything on my TV. Now I have Windows 7 MCE hooked up directly to my TV also working as a PVR.