Neuros, makers of the coolest video-recording toys in the world, have just released their OSD, a fully open set-top box. Neuros already made history with its Neuros Recorder 2, a device the size of a deck of cards that turned any TV show or DVD into something you could watch on your PC, PSP or iPod. Now with the OSD, they've gone one better, with a device that has a fully open firmware that anyone can hack and improve. What's more, they're offering cash bounties to hackers who add various features to the device, including $1000 for a YouTube or Google video Browser, $600 for a Flickr Photo Browser, $500 for a WiFi PSP or PDA remote, $700 for a TiVo-like recording function for radio/satellite radio, and $500 for getting VoIP running on the device.
you can read more about it @ BoingBoing
& wiki.neurostechnology.