And it does more than that, too-the Mac-compatible EyeTV software can double as a programmable DVR (recording shows to the PC's hard drive), and stream video to an Elgato app available on the iPhone/iPod Touch/iPad. What it does, essentially, is allow you to watch and channel-surf live TV on that computer. It's compatible with over-the-air HDTV and unencrypted cable. The Elgato EyeTV Hybrid ($149 list) is an example of the former: this USB stick isn't much bigger than a standard thumbdrive, but it's a full-on TV tuner, complete with a coaxial jack on one end. If you wanted to watch TV on your computer-say, an episode of your favorite sitcom, or a news report-you'd need a TV tuner or a video capture device. Once upon a time-before Netflix, Hulu, and Slingbox-TVs and computers weren't great bedfellows.
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