FWIW, I can't hear any difference.
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i use my apple tv's (along with airport express units) as distribution points for my mac server to stream music throughout the house. there is a difference though. from my iphone, i connect to the server and then tell the server to use the apple tv (or airport express) units to send the sound to these devices. another way is to connect the apple tv to the server and use the apple remote to stream music from the server thru the apple tv. this way, volume can be adjusted by the apple remote in this case. i really don't like this method because you need a tv to navigate around for the apple tv. too bad there isn't an app for the iphone that displays the apple tv output.
I stream as all of my music is on a NAS. ATV just can't hold enough music and since my NAS is mirrored, I have data protection. I don't use wireless streaming but use the ethernet connection instead.
BTW, also curious. How do you find the Lens? I read somewhere else on these boards since it was developed for CD it starts popping after a while as the memory can only handle so many tracks. Any issues with lengthy playback times?