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I know Hauppauge very well (though I still have trouble with the spelling) and use to use their cards on the HTPC's I would build. Great products and the box is attractive.... but I don't like that you must have it connected to your PC for storage..... Why isn't adding an external HDD an option? Why isn't an internal storage in the unit itself an option... It just seems inconvenient for anyone who doesn't own a laptop and their desktop and TV's aren't in the same room. Even with a laptop I wouldn't want to have to set it up by my TV every time I wanted to watch something recorded.
Since it doesn't have any storage of itself there should definitely be a pci-e version for those of us who have a desktop and don't want yet another glowing box sitting on our desks or media stands.
I like Hauppage, but when I see HDMI I think HDCP, so I doubt this works very well (if at all) with Linux - unlike many other Hauppage products. DRM: Locking you out of the content you own!