XBMC Media Center is an award-winning free and open source cross-platform software media player and entertainment hub for digital media for HTPCs (Home theater PCs). It uses a 10-foot user interface designed to be a media player for the living-room, using a remote control as the primary input device. Its graphical user interface (GUI) allows the user to easily browse and view videos, photos, podcasts, and music from a harddrive, optical disc, local network, and the internet using only a few buttons. The XBMC project is managed by the non-profit XBMC Foundation, and developed by volunteers located around the world. Since its creation in 2003 more than 60 software developers have contributed to XBMC, and 100-plus translators have worked to expand its reach, making it available in more than 40 languages.
What can XBMC do?
Currently XBMC can be used to play almost all popular audio and video formats around. It was designed for network playback, so you can stream your multimedia from anywhere in the house or directly from the internet using practically any protocol available. Use your media as-is: XBMC can play CDs and DVDs directly from the disk or image file, almost all popular archive formats from your hard drive. XBMC will scan all of your media and create a personalized library complete with boxcovers, descriptions, and fanart. There are playlist and slideshow functions, a weather forecast feature and many audio visualizations. Once installed, your computer will become a fully functional multimedia jukebox.
Can XBMC get me nice chicks?
Definitely NOT!

Further reading here: http://wiki.xbmc.org/index.php?title=XBMC_FAQ
Recent polls shows 75% people want XBMC on their MK808, polls conducted by minitvstick.com http://www.minitvstick.com/blog/xbmc-whats-that/
How to get XBMC?
Superman Bob already included libstagefright.so in 1.7 http://www.freaktab.com/showthread.php?3857-NEW-MK808-quot-all-models-quot-Finless-1-7 so you do not have reflash it. Just download the Hardware acceleration built of 19-Feb. and get into the world of "Couch Potatoes", its an apk file so just install through explorer. Here is the link,
http://mirrors.xbmc.org/test-builds/android/ after installing XBMC watch below videos to add addons
How to install addons?
Here are the most popular Add-on's d/l links:
1) NAVI-X http://www.xbmchub.com/blog/download/13/
2) 1CHANNEL http://www.xbmchub.com/blog/download/4/
3) ICE FILMS http://www.xbmchub.com/blog/download/3/
NAVI-X
IceFilms and 1Channel
Have fun!
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