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Sony Computer Entertainment Australia has revealed the launch date and price point of PlayTV: the add-on will be available in stores on November 26 at a recommended retail price of $169.95.

The PlayTV unit will not only function as a high-def TV tuner, it will also upgrade your PS3 into a fully functional PVR.

The official list of features is as follows:

Two High Definition TV tuners: both able to watch, pause and record TV in High Definition, as well as Standard Definition. Ability to record TV while playing games or watching a Blu-ray movie or DVD.

Electronic Program Guide: an incredibly user-friendly, seven-day interface, that provides the navigation for programming the PVR features of PlayTV – it’s fast and simple to use, with either SIXAXIS™ controller or the Blu-ray Remote Control for PS3.

Compatibility: PlayTV operates on the widely available Digital Video Broadcasting – Terrestrial (DVB-T) format.

Easy to use: Intuitive controls, single button help features, tutorial videos and simple navigation make PlayTV a joy to use compared with the complex navigation of other PVR models. Optional on-screen graphical display provides a wealth of information about the status of PlayTV and enables quick access to program information, stored TV programs and the controls to pause or record live TV.

PlayTV will also determine the correct settings for either Standard Definition or High Definition displays automatically for a hassle-free viewing experience.

Portable viewing with PSP: Seamless PSP connectivity allows you to set recordings, watch live TV and recorded TV programs remotely on the PSP, via a WiFi connection (using Remote Play feature).

Portable viewing with Sony Ericsson AINO: Remote Play via a WiFi or 3G connection.

It’s future-proof: PlayTV will evolve with time – with new features added and updated via PlayStation Network.