Digital Video Recorder

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I am thinking of turning the computer into a digital video recorder for the TV so I don't miss my favourite shows. I was wondering if anyone else had done this and whether it is worth going the computer route or buying a dedicated box, like TIVO. I had some other questions:

- I was thinking of going for the WinTV-PVR-250. Can anyone recommend anything else? See the link below.

- Is it a pain to set up?

Thanks for the help.