<< Yes, but of course MPEG is lossy as well >>
Thats why it works for Tivo..filesize, but not so great for capturing/editing. IMHO, unless you're simply capturing and watching/burning (only reason to capture mpeg-2 AFAIK) I wouldn't recommend using mpeg for capture at all.
<< But it's no hardware MPEG encoder. MPEG2 encoding with a Radeon AIW will use 70% CPU on a GHz Athlon at 352x576 >>
As long as its not dropping frames, what difference does the cpu load make?(and I could capture that resolution on my 650 duron using appx 50-70% cpu load without dropping frames) Its not like you would be burning a cd while capturing with your extra cycles. Quite honestly, the software encoder of the Radeon coupled with adaptive de-interlacing and the guide plus with MMC is a powerful combination that handles timeshifting rather well, adding a hardware encoder IMHO would unnecissarily add cost to an already expensive package without adding alot of functionallity.
<< Any ancient Hauppauge starting with a 5 year old Wincast PCI. MPEG1 is available free, MPEG2 for a fee >>
hehe true there, but honestly that combination is limited to 320x240 AVI, everything above that is upscaled, no adaptive de-interlace and that little proggy is a bit suspect as well. I think I'll stay with my setup. Lately I've seen refurb AIW Radeons going for $110, thats a lot of functionality for the price, no need to pay for codecs or software and comes with a DVD player and excellent 3D gaming as well.
<< Yeah, and I think it's sad for people that want to do decent quality captures on older systems >>
See, thats the part I don't get. Raw AVI uncompressed captures are as high quality analog capture as you can get. That takes little cpu power and fast, large hardrives(which keep getting cheaper). Why is that sad? The newer cards offer conveniance, not higher quality video, that just makes older but still useable hardware available cheaper.