Sorry for the misunderstanding but what does that decoder chip (onboard the HDTV tuner) have to do with playing a recorded MPEG-2 TS file off of your hard disk/otherwise ("file playback")?
Different types of MPEG2 input is possible with MyHD mdp100/120:
1. ATSC broadcast from the antenna
2. Captured Transport stream file playback from the hardrive
3. D-VHS VCR input via firewire.
4. DVD playback from DVD Rom drive.
Note: NTSC analog captures do require media player playback and are captured in an AVI container.
You simply pick the input in the software and send it to your HD display, just like you were watching Live HD TV... again the graphic subsystem of the host PC is not even used at all.
In my mind there are two things this chip could accelerate for a PC:
-live WDM capture (just for watching with ATI MMC for example)
-playing back an MPEG-2 file
MMC does not support hardware encoders. You are missunderstanding the tech...its not for "accelerating for the PC", its for outputting to a display. In other words, think of it as a STB than can:
*Transfer HD transport streams to your hardrive.
*Decode, Scale + scan convert and display transport Streams either from the tuner, storage on your hardrive or D-VHS recorder.
*Decode, Scale + scan convert and display DVD from a DVD Rom drive.
In every case, the decoder is dong the work, and the graphics subsystem of the PC is not used at all.
It also can display the HD using an overlay window on your PC, this of course rely's on your PC graphics subsystem rather than the decoder card, but is a rarely used mode and only supports 480p/60(IIRC)
If you have a monitor with dual inputs, you can use one connector for your PC graphics card, and the other for the MyHD HDTV card, and switch between your desktop and HDTV, which is sweet...again, it does not use the PC Graphic Subsytem and CPU cycles used are next to nothing at all.
It is absolutely in a working state, and has been for years like this. Its the reason why all the first generations of HDTV cards were hardware based...all used the Zoran Chip IIRC(MyHD being the best by far IMO). HTPC's didn't have DX9 hardware cards and 3 GHz processors.
It is not without issues however, and I prefer the MCE 2005 + HDTV Wonder solution currently. Mainly because of the much better EPG, much more stable, and MUCH more user friendly aspect.
PQ is pretty much a push between them, as is the HD PQ between the DX9 level cards from ATI and Nvidia from my experience and testing over the past 3 years I've had HDTV cards installed in my rigs.