Right on the heels of the iOS 5.1.1 firmware update for the iPhone, iPad and iPod touch that was pushed on Monday, Apple has just released an incremental Apple TV software update.

The Apple TV software version 5.0.1 carries a build number 9B206f and should be available for download for both the second- and third-generation set-top box using the Software Update option in your device’s menu…

You can also download the new firmware using our download page.

According to Apple’s support document, this software enables high-definition previews for movies and televisions shows from the iTunes Store. It also fixes an issue that caused some iOS apps to have trouble connecting via AirPlay.

The reliability of Home Sharing connections has also been improved. Additionally, the download addresses an issue affecting Netflix login and navigation and contains a number of stability and performance fixes.

As always, jailbreakers with an Apple TV 2 are advised against applying the new software as an untethered jailbreak is still being worked on.

To those still running a stock Apple TV 2 – please jailbreak it and here’s why.

iDB also provides a wealth of resources concerning jailbreaking the Apple TV 2.

And while we’re at it, Cody has also done a really good explanation of the Apple TV jailbreak status so you’re advised to check out his article as well.

Feel free to share any tips down in the comments.