Hauppauge HD PVR USB Hi-def H.264 Video Capture Device,high Definition USB 2.0 Video Capture With Hardware H.264 Video Encoders £149.99 @ Amazon - HotUKDeals
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Bought mine yesterday , These are the latest models 1228 not the old 1212 ... So grab a bargain .

* Built-in hardware H.264 high definition encoder, for high performance, high quality TV recordings
* Component video input from most high definition cable TV and satellite TV receivers. Optical or stereo audio inputs
* Record high definition video at up to 1080i resolution, 720p or VGA/D1
* Record at data rates from 1Mbs to 13.5Mbs, constant and Variable Bit Rate
* Blu-ray format AVCHD recordings, so you can burn your TV recordings onto a standard DVD disk (up to 2 hours of video at 5MBits/sec) and playback on Blu-ray DVD players
* Includes HD software video player, so you can playback recordings to your PC screen
* Audio/Video component video loop through to allow HD recording and viewing at the same time
* High Performance Noise Reduction Function
* NTSC,PAL and SECAM Support
* IR receiver for remote control
* IR Blaster to change the TV channels in your set top box.
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Does this have a built in HDD? I don't see how this would work without one, other than have a lead all the way to your PC.
I think its designed to capture HD footage to your PC. Very cool for capturing Xbox/PS3/PC Game footage.
It shouldn't be sold as a PVR then. As it doesn't record, it captures and converts to HD. I wouldn't be happy if I'd bought it as a PVR. So, you really would need the PC to be near the HD source then.
load o bull
my ps3 does it all already
my ps3 does it all already

Not sure if anyone is planning to use one of these with a Mac, but I believe to use it you need to buy an app called EyeTV 3.
Link here - http://www.elgato.com/elgato/int/mainmenu/products/software/EyeTV-3/product1.en.html

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