I'm calling BS on this. You can play music that you have on your phone, you just need to upload it to Google Music. Also you don't need to plug it into your TV. I understand why people say this doesn't stack up against the Apple TV. In my mind its not supposed to its supposed to stack up against this
http://www.amazon.com/Denon-DM38S-Micro-CD-System/dp/B003R6T...
Which is does very well. It is still a little pricey, but you get a lot of features, and the promise of more to come.