Today at work, I did a lot of research on the Tytools package. In a nutshell, it allows the extraction of Tivo's (including DirecTiVo's) video files to a PC to a format that can be further edited for your needs. Many people create VOB's from these for DVD authoring. I plan to create MPEG's to stream to the TV's.
All of this requires a hacked Tivo, something I'm not willing to experiment with on the new boxes. I still have my first Series 1 DirecTiVo sitting around looking pretty. I think it's time to finally crack it open and play with its guts.
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