The latest update also introduces stability and performance fixes.
If you've been using an HDMI to DVI adapter to enjoy Apple TV then you may have noticed flickering on your screen. Those using older TVs may also have noticed that the color of their picture is wrong.
The latest patch from Apple takes care of that problem and a few more to boot. Apple TV should now properly wake up from sleep and shouldn't have any more audio problems when switching inputs. Additionally, performance and stability fixes have been put in place.
The update isn't all good though. Several users have complained that Netflix and iTunes accounts have been reset and had to be set back up.