Hauppauge 1212 HD Personal Video Recorder (PVR) for $149.99 shipped after coupon code 7LXC0FZZR54P3X and a $30 rebate. Here is a screenshot before the $30 rebate for your reference. It has built-in hardware H.264 high definition encoder and records video at up to 1080i and 720p. More information is available here. Most places have it for over $200.