Ok, so mine came in today and is set up. I'm mainly using it as an "IP to HDMI converter" so I don't have any comment on recording, motion detection, etc...
It looks like it's going to work ok though, but it was pretty difficult to set up. There's no manual in the box, only one of those mini CDs (which I can't play, because all I have is a slot-loading Mac). Eventually logged into the web interface, which was completely filled with broken English. A lot of the settings had what I found to be just slightly too vague labeling, etc... But eventually I got it figured out and am streaming my IP camera into one of my AVR inputs.
Hint: you can plug a mouse into the thing and just control it like that, including a little pop-up on screen keyboard.