I think this service by TiVo won't help them much at all. You still have the problem of those portable devices rearing their tiny 3" heads again. I really don't think people are going to risk eye-strain to watch a recorded TV program on the bus.
They may plug the devices into a bigger TV but why can't they just hook up a TiVo machine or a computer to that same TV? Also, I just don't see a bunch of people watching TV at Starbucks or something on little itty-bitty monitors with earphones in their ears.
Listening to music as you walk somewhere or do something else is one thing. TV watching on the other takes a block of time in which you must be stopped and staring. This is the same reason why I don't think TV on the cell phone is going to take off.
Finally, if some people are so busy that they can't even watch a time-shifted TV show then they probably don't watch much TV at all. They won't have a block of time to sit down and stare at a tiny screen to watch American Idol or something. I don't know, maybe I'm missing something with these portable media players.
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