It depends on if you have a lot of digital movies through iTunes or not. ; If you don't have a collection of them it might not be worth it unless you want an easy way to listen to your music. With that being said however, I am using AirPlay a lot. ; Finally we can watch online only videos through my iPhone on the big TV. ; Makes watching Burning Love a whole lot better. ; (and for screening movies from Fox for review, they went to a streaming service...so my choice was iPad or computer...until I setup the Apple TV)
It would also depend on if you have other devices that can access Hulu plus or Netflix. ; Since my tv can only access Netflix, it was worth the little bit extra (for the features I don't normally use) to access Hulu. Sent from my iPhone...