Hauppauge 1512 HD-PVR 2 High-Def Personal Video Recorder
There is a lot to like about this video capture device such as 1080p HD video capture and a record button to quickly start and stop recording. You can also skip backwards while streaming, playing a game, or begin recording after the fact if you missed something noteworthy. While it has HDMI input and output (along with a USB cable) it only has a single AV input for certain devices like the Playstation 3. This is opposed to individual analog video and audio connections which would make it more useful for a broad range of applications. Overall, this is a great option, but not necessarily the best choice for every video capture setup.