Yahoo has taken its recent aquistion of Meedio and already worked it into the Yahoo brand as Yahoo Go, a free digital video recorder or DVR system. Sweet!
Since Tivo and others are charging for the hardware and the service, Yahoo Go is going to look very appealing to those folks not already using a DVR product. I will be giving Yahoo Go a try once I determine which computer I want to hook up to my TV. However, hooking a computer to the TV might be Yahoo Go's biggest obstacle for attacting the general TV watching population. Click here for more information on setting up Yahoo Go.
Om Malik and Mike Arrington have additional details on the product offering (it appears they were chatting over scotch last night). Also Dave Zatz has some excellent screen-shots to go along with a write-up.