It’s been a long time in the making. Three and a half years after TiVo’s last major hardware introduction, TiVo finally announced something new today at their New York City unveiling.

For much of the last month, TiVo watchers have been waiting to see what was coming after images of the press event invitation was leaked, claiming that the invention of the DVR was “just a warmup”.

So, did TiVo succeed in making the late 1990′s invention of the DVR look like a warmup?