Making one would be so much cooler, but the problem is, most TiVo systems are only $299 (or more with DVD burners, etc). Thats the base price of a CHEAP pc with a half assed processor and a 40 gig drive. Then, you have a computer sitting next to your TV. YOU may not mind it (as I wouldn't) but I know my wife would. And unless you build something with an IR sensor, you are using a KB/mouse. Then to be able to record 2 shows at once, you have to have 2 tuner cards, 2 cable boxes (if you have cable). Alot of headache.
However, rolling your own COULD be sweet if you have the money for the slimline cases that look like a cable box and the tinkering time to make it all work (windows or linux rollouts). They just cost money, again, pushing WAY over the $300 mark.
TiVo is easy, out of the box, cheaper than a HTPC, and just works. No tinkering.
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