New XBox 360 4GB Questions

I'm looking into purchasing the new XBox 360 4GB and had a few questions before I make my purchase.

1) Can the XBox 360 4GB stream m4v files from a file server?

2) Can you stream Netflix without an XBox Live Gold Membership?

3) Will I be able to play all original XBox games with this model?

4) Is the 4GB memory not considered a hard drive? If not, will buying an external hard drive (non-Microsoft) allow me to do everything?

4) you can use an external hard-drive but the xbox will ONLY allow you to use up to 16gb of your external no matter the size.

edit: I bought the 4gb 360 last week

Why is M$ selling a 4GB 360 now? Are they trying to trick people that don't know anything about computers into buying a system with next to no HD space?

Why is M$ selling a 4GB 360 now? Are they trying to trick people that don't know anything about computers into buying a system with next to no HD space?

Nymphonomicon

I'm looking into purchasing the new XBox 360 4GB and had a few questions before I make my purchase.

1) Can the XBox 360 4GB stream m4v files from a file server?

2) Can you stream Netflix without an XBox Live Gold Membership?

3) Will I be able to play all original XBox games with this model?

4) Is the 4GB memory not considered a hard drive? If not, will buying an external hard drive (non-Microsoft) allow me to do everything?