Best way to watch YouTube on HDTV?

I love YouTube but want to watch it on my HD TV rather than PC etc. I have a Playstation 3, the functionality on there is OK, but it doesn't play in HD, and I'm looking to watch these videos in the best quality without breaking the bank..

Any ideas? I'm looking at Apple TV as it's cheap, however most reviews gloss over the YT aspect of it. I need to be able to look at my subscriptions etc too.

Hook the PC up to your TV and go to youtube.com/xlQWERTYCommander

I'm thinking Google TV when it comes out.