No photos are currently available for the HD PVR, but it will ship in Q1 for $249.
Hauppauge isn’t the first company to unveil the HD PVR. However, at $249, they might be one of the more affordable options.
The HD PVR is a USB-enabled device that connects to any high-def cable or satellite box, and records HD into the H.264 AVC format. Included software allows for playback on a PC.
It can also make AVCHD recordings, which is the format used on Blu-ray players. The recordings, however, can be made onto a traditional DVD disc. Hauppauge says about two hours of Blu-ray content can fit on a 4.7GB DVD.
Sadly, there are no product photos yet; however, the HD PVR will be available sometime in Q1 2008.

Not true you can get 1080i and 720P from analong component video cables. and 5.1 from a SPDIF or optical.
And that is how this works.. Accept with Component there is no DRM bs to deal with.
lgme . . .
HD and 5.1 audio work just fine over a component connection (today). There is the threat that the digital media content industry will hit the “all HDMI” switch, but I’d like to see products like this hit the market, and then let’s see what happens. If the industry tries to go all-HDMI right now, just ahead of the all-digital broadcast deadline in ‘09, a significant percentage of media customers will be adversely impacted.
Frankly, I hope the industry is taunted into pulling the “all-HDMI” switch early. We need to get the greedy execs into court and put the FAIR back into fair-use.
This can certainly work. You will probably need a dedicated receiver setup for your computer, but this is the thing that HTPC’ers have been needing. Most content providers won’t like this though.
JonJon: “You” grammar ain’t so great either!
:P
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Apparently, the HD PVR comes with regular analog PLUS an optical input for digital sound.
Sounds too good to be true !