Pretty mad technology floating around these days. iPhone5 is probably just around the corner, etc.
I have "EyeTV" on the computer (TV on The Computer Screen - mouse operated, plugged into a TV Point). I just realised the "iTV" rip off just now. But it's pretty good. Costs about $100 with minor negotiations. Comes with the software, TV Coax Cable into USB Port, etc. You can probably do it for free these days, with free / pirate software, and some gadgets from Tandy / Dick Smith. But I reckon the $99 I paid was good value, rather than stuffing around with Dodge Websites, and trying to figure out what I need from Dick Smith, and keeping my fingers crossed, hoping it then works....
EyeTV has "Pause Play", nice and easy to use. It's available from JB HiFi. Seems to be a licensed product, so 1 Computer only, and probably need to contact them when you change computers. Delicense, relicense...
You can hover around 5-10 minutes behind real time, and just click along the bar to ELIMINATE advertisements! I like it a lot !!
I got this Coax into the USB thing and recording program etc with my virus software for free as a promo from the Good Guys.
It was handy when the Quik Pro was on 1 HD this year. I could leave it running through the speakers and click back on from work when they were on waves.
Other than that I haven't used it again.