I want to setup a PC as a home entertainment center which connects directly to my TV, no PC monitor. I have looked at ATI all-in-wonder Radeon and Radeon 8500, Visiontek Personal Cinema, WinTV. But I am not sure of which one to go for...Any suggestions are gladly appriciated

The most important feature is the TV out quality to standard home television .

I would like to have:
-Tivo like features: TV capture (analog and digital), Instant replay
-DVD playback on TV in full screen with litte frame dropping
-Good recording of TV programs (quality similar or better to VHS tapes)
-Reasonable Windows XP display oin TV (800x640 is enough)
-Family friendly interface to apps with little or no crashing.

The PC I am thinking of is:
WinXP on PIII 1Ghz, 128 Ram, 40Gb HD, DVD drive and CDR drive.

What do people think, is it realistic to throw away the VCR player and DVD player and plug in a PC to replace them on a home TV?

Ideally I would like to spend about $250-$300 anything less is a bonus. Any suggestions to improve the hardware to get better quality gladly accepted, I am a novice

Cheers!
-Ruairi

Sorry for the smilies I can't resist...