IMO, you are better off with the added PVR150. The analogue part of the HVR2200 does have hardware mpeg2 encoding, which is vital for a payTV capture setup >>however, If you plan on using DTV and ATV together, they must have SEPARATE RF inputs >>from newmagics site:
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True single PCIe slot design with single RF input for both tuners..
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This means you'll only be able to use ATV on the tuners using foxtel. Its much cheaper to use a PVR150 or a dual analogue standalone if you really need 2 analogue tuners. Itd be a waste to have 2 DTV tunenr sitting there dormant!
astro