This is among the least expensive hardware capture cards on the market (if not THE least expensive). The video quality, performance, and usuability are great with or without Windows MCE. I happen to use this card on my XP Home system and did not have any problems during installation or otherwise.
This is a "Hardware-based" capture card. Which means that the card comes with hardware onboard that handles all of the processing to convert your TV signal to a file on your computer. Software-based cards use your CPU for this. The advantage is that with a hardware based card you can actually use your computer while recording as the CPU usage is minimal (I actually don't see any CPU usage on my machine), compared to a software card which uses almost all of your CPU. This also means that you can use an older or slower computer to watch/record TV without suffering any performance issues. In the past, software cards were much cheaper than hardware, but Hauppauge's line has brought the cost down so that now there really isnt a reason to choose anything but a hardware card.
The MCE version of Hauppauge's PVR-150 differs from the "regular" non-MCE version because it does NOT come with *ANY* software other than drivers and it adds an FM radio tuner. The regular version comes with a remote and software to control the PVR-150, but no FM radio. There is only one TV tuner so you can only watch or record one channel at a time.
Since the 150MCE doesn't come with any software, you will have to control it with another program. Windows MCE can do this, but if you have XP Home or Pro you will need to use 3rd party software like BeyondTV and SageTV, or free ones like the open source MediaPortal. Since the card outputs MPEG2, you need to have installed a DVD player like Intervideo WinDVD or Cyberlink PowerDVD in order to watch TV (decode MPEG2). If you have an Nvidia card, you can use Nvidia's PureVideo Decoder which gives probably the nicest picture. Note that decoding (watching TV or your recorded movies) does take up some CPU, about 10% on my computer. If your computer came with a DVD player or burner you likely already have this software. And if not, most DVD burners come with it, so if you don't already have one you can get a DVD burner for around $50 and get the software thrown in.
For those with quality issues, check with the software you are using and try to increase the bitrate. This will lead to less "artifacts" (looks like a bad JPG), and smoother video. Obviously the filesize will increase per recording, but hard drives are so cheap now that you can afford to get a bigger drive to accomodate. You will have to adjust the settings to find what is an acceptable compromise between filesize and quality. Just for reference, I usually record with a variable bitrate with an average of 5000 and a max of 6000 which lets me fit about 2hrs on a DVD. In your decoding software adjusting the interlace method also gives good results (choose from bob, weave, or both). I rank the decoding software as Nvidia PureVideo, WinDVD, PowerDVD from best to worst as far as quality goes, but it is really a matter of personal taste.
Other options to consider are obviously the regular PVR-150 which adds software and a remote (but you lose the FM radio), and the PVR-500 which comes in both regular and MCE versions as well. The PVR-500 has two tuners so you can watch one program and record another or record two shows at the same time which is very nice. Just like the PVR-150MCE, the PVR-500MCE comes without software or remote control, but adds an FM radio. FYI, the PVR-500 is essentially two PVR-150 tuners on the same board, so quality is the same. There is also a low-profile version of this card.
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