A new service called PlayLater has launched a closed beta this week which allows you to record live TV and web media and then replay it back on any Internet connected Windows PC.
The new service works in conjunctions with the PlayOn Internet television service. PlayOn currently has more than 25 channels some of which are pictured below and is currently available on PS3, Xbox 360, Wii, iPad and iPhone.
More information about the PlayOn service can be found over on their website PlayOn and more information about PlayLater the DVR service can be found here. PlayLater are allowing the first 5,000 signups to beta test the new service. Currently you will need Windows XP, Vista, or Windows 7 and around 100GB of storage space is recommended.
Beta members will receive a free month once the service goes live which will then cost $4.99/month or $49.99/year.
Source : Lifehacker