CNET - The good: The included Eye TV 3 software offers easy-to-use DVR functions for Mac users and makes the Elgato EyeTV Hybrid a useful way to add TV capabilities to a computer; compatibility with  EyeTV iOS app allows streaming of TV and recordings to an iPhone, iPod  Touch or iPad, and newly added Airplay support makes sharing video  streams even easier.
The bad: Slow  buffering from a computer to the iOS app makes it unwieldy for live  programming; the iOS app requires a computer with the EyeTV Hybrid to be  running and connected to the same Wi-Fi network; input video cables are  S-Video and composite only; many digital TV and HDMI inputs won't be  compatible.
The bottom line: If  you're a Mac user who's been looking for a way to add live TV and DVR  functionality to your computer, the Elgato EyeTV Hybrid could be the  solution you've been looking for. However, in a world of ever-increasing  streaming video options, you might find your needs for live TV  recording to be ever diminishing.     Read More