Hardly. What makes Tivo "way better" as you call it?
Well, You can download programs through the ethernet - oops! that doesn't work with the S3.
Or, you can connect your satellite box to it and record - OOPS! that doesn't work with the S3, either.
Or, you can record all your cable HD shows on it - OOPS you have to have a cable card and that doesn't work really well either.
NEVER MIND!!