Nvidia has released the 2017 version of the NVIDIA Shield TV, the new model is smaller and houses a few new features. The Android TV box based unit is a little streaming box that allows for a multitude of functionality as it properly takes over your Smart-TV experience, but can also function as a streaming game console. And yes, if you install Kodi, you'll have a fully fledged Ultra HD HDR10 ready media player with Dolby Atmos support as well.
Any major computer upgrade generally requires a full software reinstall too. No so if you heed the advice in the guide to Upgrading a Motherboard without Reinstalling. PCSTATS Tips