Microsoft will launch a stripped down version of Windows 7 for STBs and other devices this CES, according to the Seattle Times.
The news report mentions a set top box to be out in the market this year.
It will carry the familiar Windows Media Center interface and a TV program guide pulling together both online and broadcast content. It should also have media streaming and remote control capabilities.
While no further details are available, it will probably have a new version of Windows Embedded Standard 7-- unveiled back in April 2010. That announcement mentions Windows Media Center as an available component.
More details should be available after Microsoft's CES keynote-- together with (hopefully) the confirmation of rumours of a new Windows version running on ARM processors.