MPEGator any good?

[twocuties]

Does anybody know if the MPEGator is any good?
this hardware capture card is normally sold for a 1000 bucks but i can buy one from a friend who has it but never used it or should i stay with my first intention to buy a pv231 caputre card???

here are the specs of the MPEGator : Video Inputs
Connectors Composite (RCA)
S-Video (4-pin DIN)
Impedance 75 Ohm
Video Source Preview
Formats 16-bit RGB (RGB555, RGB565)
YUV 4:2:2 (YUY2)
requires color space conversion support by display adapter hardware
Maximum window size 352x240 (NTSC)
352x288 (PAL)
Operation modes DirectDraw™
GDI-compatible
(with manual override)
Video Capture Performance
Data Formats MPEG1 elementary video MP@ML (ISO/IEC 11172-2)
MPEG1 system layer (ISO/IEC 11172-1)
Video CD (White Book)
I-frame MPEG AVI (a.k.a. "Editable MPEG&quot
Low frame rate / Low bitrate MPEG streams for Internet
Frame Rate NTSC: 29.97, 15 or 7.5 frames/sec
PAL: 25, 12.5 or 6.25 frames/sec
custom frame rates can be programmed with SDK
Frame Sizes NTSC: 160x120, 176x120, 320x240, 352x240
PAL: 160x120, 176x144, 320x240, 352x288
Encoder Motion Estimation ±48h x ±20v with half-pel precision
Compressed Data Rate Minimum (at 160x120, 6.25 fps): 20 Kbits/sec
Maximum (IPB-frames MPEG): 3 Mbits/sec
Maximum (I-frame MPEG AVI): 12 Mbits/sec
Audio Input/Output
Line Input 3.5 mm Stereo Female Mini-Jack
Impedance: 10 kOhm
Full Scale Input Voltage: 1 Vrms (2.8 Vp-p)
Loopback Output 3.5 mm Stereo Female Mini-Jack
Impedance: 600 Ohm
Output Voltage: 0.707 Vrms (2 Vp-p) @ 10 kOhm load
Audio Capture Performance
Data Formats MPEG 1 layer II,
Uncompressed PCM
Resolution 16 bit
Frequency Response ±0.3 dB (20 Hz to 20 kHz)
Signal to Noise Ratio -70 dB
Channel Separation -80 dB
MPEG 1 Layer II
Modes Mono, Stereo, Joint Stereo, Dual Channel
Sampling Frequencies 32 kHz, 44.1 kHz, 48 kHz
Compressed Data Rate 32 - 256 Kbits/sec
Uncompressed PCM
Modes Mono, Stereo
Sampling Frequencies 22.05, 44.1 kHz
Physical Specifications
Bus 32-bit PCI bus
Dimensions (mm) 176x110x20 (including fan)
Power requirements +5V/2.5A

[rcbax]

No answer here but I would like to know also. Listed on pricewatch.com for $199. If this does an excellent job on Mpeg-1, adding this to a system along with DVCII, which is only good for MPeg-2 would be a good idea.