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Sad news for such a formerly iconic brand. I was a series 1 owner since before the turn of the millennium. We still have a Tivo Roamio in the house that gets regular use as an excellent OTA DVR.
I would think this technology could be produced relatively inexpensively, and since the niche is so small at this point they can charge whatever they want and it’s just pure profit. Perhaps someone with these kind of skills should create one and do a Kickstarter