my install went just as those screens show...got mine yesterday...though I hadn't seen the quick install sheet...and I am able to say to record in mpeg4...but it is the microsoft version of mpeg4...records in a .asf format and looks like a$$...no divx option that I have seen....
but so far no problems...schedules and records just fine... I am running xp w/o sp1 so watch for that...looks like some people have been having problems with it.
The new drivers are now there as is MSIPVS (WinDVR). MPEG 4 has appeared as a recording option but it isn't customizable and is CRAPPY QUALITY (<256kbps). Also, now stereo is broken (whereas it wasn't before)
when did you have stereo? because the first card i had said it was in stereo but it really wasn't. and this new card's version of pvs won't even select stereo as an option. did you try the new drivers and did they work good for you? also thanks for the heads up.