Cheaper TiVo Series 3 Lite coming soon?

The TiVo Series 3 is a pretty hot piece of equipment, probably the finest DVR out there and one that any HDTV-owning TV lover would appreciate. The problem? It's really freaking expensive. That's why the rumors of a cheaper TiVo Series 3 Lite are so enticing.

What would such a device consist of? Well, it would be pretty similar to its big brother, although it'd have a 160GB drive instead of a 250GB drive, it would lose the OLED front display and THX certification, and it would just have a standard TiVo remote. Trimming the fat thusly should drop the price down to a more-reasonable $300. Still not what anyone could consider cheap, but I guess it's better than nothing. How's about a $150 model, TiVo? Or is that asking too much?

Via Crave