For me it was. I sold my 2 year old Series 1 on Egay for $179.00 I bought the Series 2 from Tivo for $99 after rebate (just got the check) and I have noticed a much cleaner nicer picture and faster channel changes and sometime in the next ten years maybe a use for the USB ports. As far as hacking it, I don't, but I am sure that it just as easy as the Series 1.