Sure, it may look like only a USB Thumb Drive, but the EyeTV Hybrid is a TV tuner stick for either PC or Mac. That means it can let you watch over-the-air TV (both analog and digital) on your computer.
It also acts as a DVR, letting you pause and record live television (including HD TV). It can also capture video from a VCR or set-top box (like cable/satellite TV boxes).
Additionally, it comes with software for editing and managing your recorded content, as well as an IR remote control and a 1-yr subscription to TV Guide.
(Please note prices are subject to change and the listed price is correct to the best of our knowledge at the time of posting)