Installed the latest RASPBIAN WHEEZY on my RPI.
Then used the commands sudo apt-get update and sudo apt-get upgrade, to update the installation.
Then used sudo apt-get install libreoffice to install LIBRE OFFICE suite. Finally installed VLC media player using sudo apt-get install vlc . Now its up and running on my TV. Yes I browse, watch movies, perform documentation and accounting on my TV. Television is now computelevision.
The day dawns with a happy feeling..!