[ame=http://www.youtube.com/watch?v=pUlv7NsUe20]YouTube - Elgato EyeTV HD Unboxing - RECORD XBOX 360 / PS3 / HDTV Video! - iOS Vlog 376[/ame]

Elgato EyeTV HD is a device that will allow you to record and watch video from any component source. This means you can record Xbox, PS3, and TV Video and Audio right on your computer. Most people use this to record shows and bypass using a DVR or TiVo. The EyeTV itself is one price of $200 and you can enjoy all of your recorded show on your iPhone, iPod Touch, or iPad. Elgato also makes an EyeTV App that will allow you to view LIVE TV from anywhere you have 3G or WiFi as long as its connected at home. Full review coming soon!

Wonder why they went with component cableing instead of HDMI?

Originally Posted by SheerLuckHolmes

Wonder why they went with component cableing instead of HDMI?

Component is the only way to bypass the "copy guard" equivalent of cable/satellite programing. It can not be done via HDMI.