Source - Register
<blockquote>The first incarnation of Neuros' MPEG 4 Recorder proved a handy tool for getting video onto a PDA without having to leave your computer on overnight while it churned through complex re-encoding algorithms. However, it didn't quite hack it as a no-frills PVR, lacking support for the higher resolutions you need for decent playback on a TV, and the ability to program a recording schedule. Neuros is one of those rare companies that not only takes such criticism on board but does something about it, and in this case promptly tweaked the product and re-released it as the Recorder 2...
Neuros' MPEG 4 Recorder was a great product for getting movies and TV shows onto a PDA, and the Recorder 2, with its more widely supported video and audio codecs, PSP-friendly encoding settings, and near-DVD quality TV recording, is a big step forward. It's still not the last word in PVRs, of course, but the new version does a better job than its predecessor.
It's a shame Neuros felt it necessary to drop the unit's USB 2.0 support, particularly since the unit's support for the iPod video format puts Mac and PC connectivity at a premium. Fortunately, USB-based card readers are very cheap these days, but it's still a disappointing omission.
PSP users will be less concerned about that than owners of other mobile devices, and for them the MPEG 4 Recorder 2 costs less than eight pre-recorded UMDs, always a galling purchase when you own the content in other forms, such as DVD. The same goes for anyone who has a fifth-generation iPod - users benefit too. And it also makes a pretty decent VCR replacement. </blockquote>
The Neuros MPEG 4 Recorder 2 can be brought at Lik Sang
Read the Full and Very Comprehensive review at Reg Hardware