Of course, Apple may change TV by bringing it to a personal handheld device in the iPhone, which can do everything outlined:
Syncing, HD and New Content
The unit syncs from iTunes on demand or automatically based on user settings in iTunes. With its 40 GB hard drive, the unit can store up to 50 hours of video.
Rather than pulling TV off the air like a TiVo or other DVR, it downloads podcasts or content purchased from the iTunes Store, or any other video users have uploaded into their iTunes library.
As long as videos in iTunes fit one of the basic video standards supported, it will just work. In addition to standard iPod video, the Apple TV can also playback HD video (1280 x 720 resolution at 24 frames per second, progressive scan).
Price
Apple TV is $299 and is slated to be available in February.
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