I must admit, it wasn't my find, someone else on the PVR forum posted the link.
As far as I can work out, it will have integrated tuner(s) and the EPG facility by SUBSCRIPTION

and a DVD RW, and 160gb HDD / USB ports and is network capable, so can be integrated to an existing MCE PC - I imagine as an extender or as the main device.
Maybe it would be feasible to use on of those to take care of all live and recorded tv, as long as it is accessible across the home network by other devices (MCE PC / xbox extender / 360)?