The Xbox 360 Media Remote has been announced. Media playback controls include all of the usual like play/pause, skip forward, fast forward, skip back, fast back, and display to control DVD, CD, or streamed media.
As far as TV controls, there’s power on/off, volume up/down, mute and TV input. So it’s pretty much your standard remote with some XBox flare. The menu navigation controls include A, B, X, Y buttons, D-pad navigation, back and select. It will be available for $19.99 in early November.