The P2POD box uses software technology developed by the Delft University of Technology (TU Delft). Their peer-to-peer based solution allows not only content distribution, but also live video streaming over peer-to-peer networks.
Because of this technology, with every added P2POD (or P2POD software client) the quality and speed of the services increases further.
Users of the P2POD should not only be able to receive video and audio content from premium and free content sources, but also be able to distribute their own videos to other P2POD users.
The P2POD features a maximum video resolution of 1920x1080 (full HDTV) and features a HDMI port.
It supports Microsoft Windows Media DRM. The P2POD is supposed to cost less than $150 and is scheduled for release in Q3 2006.
More details on the P2POD site.