Last night I flashed my WD TV Live Plus HD Media Player with an aftermarket version of code called WDLXTV. Some notable differences are in the background image and the placement of the Internet media apps. For example, Youtube and Netflix are now in the Video menu, similarly Live365 and Pandora are in the Music menu.
It's not perfect, but at least my media player finds network shares and plays files again. That's more than I can say about the official firmware.
The Background Story
I purchased the WD TV Live Plus HD Media Player earlier this year because I wanted to start to digitize my dvd library. The idea of simply clicking a button on a remote control and selecting the movie I wanted to watch seemed awesome. Obviously any amount of time spent setting up that type of system would be justified in the many seconds a year I would save by not having to get up off the couch to manually insert a dvd into the player. As a man, I claim the right to justify anything I do with my infallible man-logic.