The TiVo IP set-top box (yes, that's what it's being called for now) works as an extender for a TiVo Premiere Q DVR. Connect the box to a secondary TV and to your home network, and you'll have access to live and recorded TV, video-on-demand services, or other broadband-delivered content through the main DVR.
Presumably it'll tie up one of the Q's tuners to access live TV, but with four tuners in the Q, you should be able to hook up multiple IP set-top boxes throughout your home.
The streaming box, called TiVo Stream, will allow TiVo Premiere or Premiere Q DVR users to stream and download content to mobile devices like iPads and iPhones. TiVo says users will be able to stream or download shows simultaneously to several devices without interfering with what's playing through TiVo DVR. Currently, you can only transfer content to mobile devices by moving it first to a computer, transcoding it for your device using software, and then copying it over to your device.
Both boxes will be available at retail and through select cable operators. Details on the actual availability will be announced in the coming months.
No pricing or potential service fees were announced.
(Via Zatz Not Funny)