Summary: It would be awesome if the HDMI port had HDCP support but obviously that'll never happen. So in that context I guess it's not really a con but it is unfortunate.
Pros: I wanted to build a Media Centre PC that would work with my Satellite receivers mainly because I was sick of the limited storage on the Satellite PVR itself. I did my research and decided to go with 4 of these. They installed easily, and after setting up DVBLink Media Centre detected all four cards as tuners. The setup in MC was a bit of work getting all the channels etc.. but after that was done all was well.
Cons: Probably the biggest thing that I would like to see improved is the time it takes to change channels. It's roughly 4 - 5 seconds. This is way better than the close to 20 seconds that the Hauppauge HD-PVR was taking but still a bit slow.
Pros: Set up was very easy. All I did was put it in to my PC, put in the disk, and installed the drivers. BTW, make sure to install the drivers from their website. The drivers on the disc cause the Colossus to crash a lot but the latest one from their website fix all the problems. The quality and sound are excellent and straight up beautiful, with a lot of tools and tweaks with the capture and editing software, so you can get the best quality for the lowest file size.
Cons: The capture device has a bad delay of about 1 second. While this may not matter for watching, streaming, and recording TV, it makes it hard to impossible to play a game with. And there is no pass through on this device. So if you want to play the game while you record it, you're gonna have to shell out extra money for more cables and a high quality splitter just to be able to play it on the TV and record at the same time.
Summary: Either the video stops recording at some point, or the duration of the final video reads "23 seconds." Either way, the file is useless.
Pros: Decent recordings at 720p.
Cons: Not for use with PC to PC connections utilizing HDMI. You will likely get a 25% failure rate on your recordings (corrupted files). There is a driver issue which apparently has not been corrected. This issue is reported by multiple people on the Hauppauge forum: