Yesterday at CES in Las Vegas, Tivo debuted the new Series 3. This is the Tivo all Tivo Lovers have been waiting for. It has the ability to record two shows at once or record a show and watch another show. It can even do this with 2 HD channels if you have two HD cards.

It also adds HDMI , Component Video (woohoo) SVideo and Composite Video. On the audio side of things, it has Optical Digital Out and RCA Stereo. Finally getting smart, there is a built in 10/100 Network connection, USB and get this, an external SATA port. Thats right. You can add a SATA drive to your Tivo without voiding the warranty.

Now, before you start thinking you can share your stuff with this external drive, keep in mind it runs the internal hard drive and external hard drive in an array where data from one show will be stored across both drives. Remove the SATA and you loose everything stored on both drives. I know it sounds like a PITA, but its a smart move if you ask me. You will be able to easily add HD space for all that HDTV hard drive eating content and they keep the evil Media Moguls off their case for allowing people to easily pirate content.

You can get the full scoop on the Tivo Lovers Website along with a whole bunch of mirrors of the Pictures taken at CES.