How would the ibox know that the content is from a home movie, or something similar. The input would have to be component or S-Video (to allow easy hook up from older systems), and that would make it way too easy to burn and resell copyrighted material. All it would take is one rent or borrow of a dvd for you to "own" it. And as nice as season 4 of the Simpsons on DVD would be, I don't think foxdvd would be too happy with people burning these mixes and reproducing them.
TiVo and other DVRs have been purchaced by whomever is in the market for them, and it would be very suprising to see the cutting edge, different prioritys of apple and bring them to such a stale market. If Apple were to do something like this, it would take us in a totally unexpected direction. Maybe a merge with Nintendo to create the next Gamecube. As XBox proves, Internet Access and a built in Harddrive are useful components of a game system. Wouldn't it be nice to sync that HD with iTunes for background tracks and update your games via the web? I can see Apple taking it in a total off-kilter direction like that before joining the decades-old ranks in Television recording. [/B]
You can do that with a DV convertor any way, and no has said any thing yet
I have clips from DVD's on my Mac, that i recorded with my formac studio TVR