Looks like the guys over at AwkwardTV have been pretty busy. They’ve managed to Enable USB Storage, got Bluetooth working, and have gotten SMB shares to mount with Apple’s kexts. (No more sharity light!) Big thanks to Turbo at 0xfeedbeef for coming up with a kernel extension enabler which blows most of this stuff wide open.
I have yet to try any of these yet, but it seems like the YouTube patch needs to be removed. You can downgrade to 1.0 by rebooting by holding menu-minus and then choosing Factory Restore. From there, break out your Patchstick and go nuts.