There is a potential benefit for video capture. There has continually been a threat (so far not acted upon as far as I know) that providers would require STBs to provide degraded output on the analog/component outputs, and only allow full HD to go out on HDCP compliant outputs. So for folks who want a PVR that captures HD, the current Hauppague HDPVR may not be a solution forever. Additionally, the audio can be sent of HDMI as well, meaning that re-encoding audio+video may result in an overall better result that the current Hauppague offering. I assume you'd still have an H264 (or equivalent) hardware encoder, as mentioned in the article. So, this may have benefit for PVRs down the road, though it is not clear it would be legal to sell such a product in the US.