Keep in mind that recording performance (recording TV programs) will be extremely poor with this product due to the slow speeds of the USB 1 standard. Notice the fine print of 'Note: video performance when using USB 1.1 or 2.0 is the same.'.
Pick up the USB2 version instead (
http://www.hauppage.com/pages/products/data_usb2.asp) if your PC can handle it if you're not interested in opening her up.
On the flip side, I've used a Hauppage card (one of their really older products) for a long time and it works great.
One thing to keep in mind though - if you intend to do any kind of recording, make sure that you can record in RAW AVI mode. You need a card that does NOT do MPEG compression on the fly.
Why? Well, the image that you'll see on your screen will lag behind what's actually being seen by about 2-3 seconds as the image is being compressed on the fly behind your back (and odds are you can't turn it off). Why is this important? If you intend to record something under your control (say, a video game or something), it'll be impossible, as you can't play anything with that kind of video lag.