It does, BUT the reason I have the EyeTV HD is because my old Hybrid became virtually useless when Comcast decided to encrypt almost every station in my basic cable lineup (only PBS, C-SPAN, and a few other crap channels would be available). Even those free HD channels were encrypted, basically forcing me to get a dedicated cable box. The EyeTV HD is perfect for that scenario and allows you to get ALL of your HD channels on your Mac. The Hybrid is really not worth the cash compared to the EyeTV HD. I think what you get is worth the extra few bucks a month the cable company charges for your additional box.