Hi Shiv
i have the xtreamer from last one month and it is working great.
1) I have movies stored on my pc. Can i play them through Xtreamer
without having to copy them to an external hdd/ usb and then connect it to Xtreamer?
Yes , u can play them directly, i connect to my pc wirelessly and xtreamer is able to view the shared folder and play the media directly from there.
a) If yes, can i access movies/ folders/ my PC (literally!) directly from Xtreamer (using the remote control)? OR is that i need to open the movie on my PC and click PLAY and then wait for it to stream/ project on the LCD tv via Xtreamer
No need to do anything in pc, form xtreamer itself u can view the shared folder in pc along with the files, u select the file and play it from xtreamer itself.
2) Can i stream LIVE football matches/ television shows/ content that does not air in India, from the Internet using Xtreamer? I can do this directly on the pc, but nothing like a 42" experience

!
a) If yes, can i do this directly from Xtreamer using the 'Net' option from the menu? OR do i need to go to my pc, type the URL and then wait for it to stream/ project on the LCD tv via Xtreamer
b) Do i need any additional software for this? Heard of something called TVersity but not sure if this is the correct use of it..
For Question 2 the option may be there or may come in future releases i have not tried the same, with the latest firmware users have been able to view you tube videos and other stuff online in xtreamer itself