From Apple Insider.
Or, the only reason you had an old Apple TV lying around was to watch Netflix in the first place. I bought an Apple TV from the earlier generations and was extremely dissapointed in it. The hardware and software were absolute junk. The thing stopped working entirely after about a year, and I switched over to Roku, FireTV, and Chromecast; anything to take the bitter taste out of my mouth.
Finally, after joining a streaming company last year, I realized I needed to try again. I got an Apple TV and love it. It’s my favorite of all the hardware currently. I wonder if others experienced the same thing as me. While it’s the most expensive, I prefer it now over all the others.