Best. Name. Ever.
EVERYBODY PANIC! The Hauppauge Colossus is here, and he has the taste of manflesh in his teeth!
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That's the kind of response you'd expect to something named the Hauppauge Colossus (it looks better this way), but you'd be over-reacting. Rather than being some magic beast from the Monster Manual or darkest Scotland, it's...an HD-PVR.
A PVR records component video from game consoles, cable TV, satellite TV, etc. This HD PVR is the world's first such device to make those recordings in up to 1080i. It also has an IR blaster (which sounds almost as awesome as Hauppauge Colossus) that lets it automatically change channels when you set it up to record.
The Colossus will set you back $149 and starts shipping during CES 2011. It records all your video in H.264 format (ready for iTunes!) and can also record via HDMI-input. This means you can game in HD on your Xbox 360 and port that unencrypted video straight to your computer.
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It also means that pirates will have another powerful tool for stealing and distributing high-def television and movies. You have to take the bad with the good. This is the kind of gadget that could usher in a whole new era of machinima.