"Sony's new DVDirect recorder lets you convert footage in real-time, from a digital camcorder to a DVD without using a computer. The DVDirect recorder also works with analog camcorders, VCRs and other video sources. What's more, it can be attached to a computer for more advanced DVD burning projects."
HP has a model with similar functionality, but this is way cooler looking. I think it is a great additional function as it may encourage those who would normally be intimidated by trying to get their footage onto a computer to dip their toe in the water since this can be used sans computer as just a piece of consumer electronics. Once they are comfortable with that, they may hook it up to the computer in order to try some more advanced work.