Ken Plotkin, the CEO of Hauppage (www.hauppauge.com), describes the Colossus HD H.264 Video Recorder PCI Express card for the PC. The Colossus card is designed to record high definition video from sources such as an X-Box 360, Playstation 3, as well as high definition video coming from a cable TV or satellite box via component video outputs on those devices, thus avoiding the DRM problem. The Colossus HD Video Recorder retails for $169 dollars, available in the first week in February 2011. According to Plotkin, the Colossus is the only recorder solution available that can record high definition video from component video outputs.
Interview by Todd Cochrane of Geek News Central.
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