Late last year, we discussed using your Mac as a DVR to record your favorite television programs using the Elgato EyeTV hardware & software. As part of that article, we briefly looked at their Turbo.264, a device that used its own processor to quickly convert videos to the popular H.264-compressed MPEG-4 videos, playable on devices like the iPod, PlayStation Portable, and the AppleTV.
The Turbo.264 was a pretty cool device when we looked at it, but Elgato raised the bar when it releasted the Turbo.264 HD a couple of months ago.
Not only does it add HD support, but it also… well… maybe you should just read the full overview.