The HD PVR is out!
Been looking forward to this coming out. Now all I need is an HD source. 
HD PVR Product overview
HD PVR is the world’s first High-Definition video recorder for making real-time H.264 compressed recordings at resolutions up to 1080i. HD-PVR records component video (YCrCb) from cable TV and satellite set top boxes, with a built-in IR blaster to automatically change TV channels for scheduled recordings. Audio is recorded using AAC or Dolby Digital.