Seems a fair price for this - next cheapest I can see is around the £75 mark.
Here's the blurb:-
Watch and pause digital or analogue TV, in a window or full screen. Record digital TV shows to disk in the original MPEG-2 quality, or record analogue TV using our SoftPVR MPEG-2 encoder. Play your TV recordings back anytime.
Freeview DVB-T digital TV brings you sharper pictures with near CD quality sound. WinTV-HVR-1400's digital TV receiver brings excellent digital video quality, automatic identification of channel names plus records digital TV programmes to disk without loss of quality.
The WinTV HVR-1400 is fully supported under Media Center, giving you the complete Media Center experience with either Windows XP: Media Center Edition or Vista Home Premium/Ultimate.
Watch digital DVB-T TV or analogue TV on your laptop screen.
Easy to carry and install. Just plug into a laptop ExpressCard/54 slot, plug in an Ariel and your ready to watch TV.
Record DVB-T digital or Analogue TV programmes to disk using high quality MPEG-2.
Media Center compatible. Watch and record TV with Windows Media Center.
Includes AV input cable, to watch and record from external video sources.
Package content: HVR-1400 express/54 card, Portable antenna, AV input cable, Installation CD, Quick install guide.
Hardware Encoder: No
Audio Type: Stereo
Remote control: No
Supported Tuner Reception: Analogue (PAL-BGHIDK, SECAM), DVB-T, FM
# Of Tuners: 1
Connectors: RF, AV cable (Svideo/Composite/3.5mm Audio)
Recording Formats: Analogue: MPEG1 (VCD, SVCD), MPEG2 (2Mbit) Digital: MPEG2 (TS)
Warranty: 2 Years