Review so far:

Well packaged and nicely made piece of hardware. Setup was reasonably straightforward for me, but was very short of documentation. I had to search around the internet and find the answers on forums for a couple of obvious questions like "can the external drive be used to store other data if you swap it over to your PC?" (it can't). Having to setup the Roku and then install the simple.tv channel adds a few steps to the process. It's ok for someone who's reasonably techie, but would be imposing for non-tech people. Also, the brand new WD Passport drive failed to detect when plugged in and had to be plugged into my Mac and repartitioned with a single FAT partition before it would work.

It's hard to give a good review because I haven't used it much yet. I had enough quality problems trying to stream the one or two live shows that I watched that it became too distracting to watch. Bad glitches are present in basic DVR functions like fast forward, pause and rewind. Changing channels takes a long time. Curiously, I'm watching another show right now and am not having any of the distracting artifacting that I was experiencing earlier. Looks like more research is in order. I'll record some NFL this weekend and see how it does.

Combine that with the fact that I didn't read the specs carefully enough and I didn't realize it wouldn't receive analog cable, only ClearQAM digital. With TimeWarner, that's like 5 channels. For me that makes it not worth anywhere close to $200.

Most of the problems I have so far are software issues, so perhaps as they work out the bugs, this may be a decent product, but for now, my opinion is that it's not quite ready for prime time. I'll probably try to sell it once I get bored with it.