AverTV HD DVR is a High Definition / Analog Video PCI-E Capture Card. It’s equipped with HDMI and through the included dongle cable, Component, S-Video and Composite Video input interface.

AverTV HD DVR can be connected to your Gaming Console, Cable/Satellite Set-Top-Box, Gaming Console and HD Video recorders to capture High Definition and Analog video content on your PC. Note that is doesn't support HDCP, so since PS3 outputs using HDCP you won't be able to record from HDMI (but you can record component). However you shouldn't have any problems recording from xbox 360.

The package includes Aver MediaCenter software application with advance software encoding algorithm engine and built-in schedule recording features. AverTV HD DVR allows to capture HD video, up to 1080i, and save it in MPEG 2 or H.264 file format (which can be use to playback under iPod or PSP gaming device) as well as program start and end times of TV shows from HD Cable/Satellite Set-Top-Box.

Input Signal (HD)
HDMI
Component (YPbPr)
Stereo L/R Audio

Input Signal (Standard Definition)
S-Video
Composite
Stereo L/R Audio

Requirements for capturing HD videos

• Empty PCI-Express slot for the capture card (AverTV HD DVR uses low profile PCI-E short bracket)
• Intel Core 2 Duo E6600 2.4GHz or Equivalent AMD CPU
• Windows XP 32-bit, Windows XP Media Center Edition, Windows XP 64-bit, Windows Vista 32-bit, Windows Vista 64-bit, Windows 7 32-bit, Windows 7 64-bit
• 1GB RAM or above
• VGA card with 128MB memory supports DirectX 9.0c or above
• 200MB Hard Drive space
• Sound Card

Note that AverTV HD DVR is much cheaper than Blackmagic Intensity Pro. It also uses CPU for compressing captured videos.