I was pleasantly surprised by the lack of drama with this version. When you tap "Watch Now," there is a short delay - no more than 5 seconds - and the program starts.
However, trickplay is still a little difficult to use. It's a lot easier now that there is a 30 second skip forward but some people are reporting that it cannot be stacked; in other words you can't press it quickly 6 times to skip forward 3 minutes. The time to recover is still an issue; it was about 8 seconds after I skipped forward before the program started playing. That's still a net gain of 22 seconds but it feels like it takes a lot longer.
Streaming is enabled in the home, and does not work outside the home.
Transcoding is still in real time, meaning that it takes 30 minutes to transcode a 30-minute program in order to put in on your device. However, you can start it the night before and walk away, or use the auto-download feature for commonly watched programs so they are ready to download onto the device.
There is still no native iPad version, but the video will play in full screen on an iPad as it has before.
Edited by Stuart Sweet, 29 January 2013 - 11:56 AM.