With the software, users can watch TV and video in multiple formats and from multiple sources, including YouTube, Netflix, and TV networks with online content. Users can also listen to music from ShoutCast and Last.fm and view photos from Flickr and PicasaWeb.
Boxee will also access non-DRM media stored on the computer or on a local network. And it has a "social media" layer that enables users to see what their friends are watching or recommend videos.
The Boxee Box is intended to wrap all that functionality into a set-top box. Other devices, such as the Apple TV and the Roku players, do much the same thing, but the Boxee Box should provide access to more sources than most other devices.

The Box will have WiFi capabilities and an Ethernet port for connecting to a home network, a USB port and SD card slot for accessing media from attached storage, and optical audio, RCA jacks, and HDMI ports for attaching to home theater equipment.
No specific date besids "coming 2010" was given, and no price is mentioned.