Kodi (formerly known as XBMC)

FTV comparable hardware wise to a roku 3. definitely better than the stick. so i think it'd probalby run fine.
For cord cutters. You need to download this iptv plugin for kodi. The stalker plugin has over 500 free live channels(hbo\showtime\cinemax\movie channels\cable channels)
Download Stalker plugin

go to settings -> addon -> install from zip

In setttings -> enable PVR -> Enable stalker plugin and config with http://1.iptvprivateserver.tv/ and change the last 2 numbers of the mac address in stalker config.

A live tv section should appear as part of the menu.


BTW, it's auto added with the 15.1...