Elgato (http://www.elgato.com) has cut the price on its Game Capture HD, a solution for recording and sharing PlayStation or Xbox gameplay using a Mac or PC. It's been reduced from US$199.95 to $179.95.

With Elgato Game Capture HD, gameplay videos are easier to record, edit and share than ever before thanks to its innovative hardware design, powerful H.264 encoder, and software that is specifically tailored to gamers' needs, says Adam Steinberg, vice president of Marketing at Elgato. It records in HD quality, all without burdening the computer hard disk with large files, he adds.

At the same time, gameplay is passed through to the TV via HDMI. The hardware connects directly to the Xbox 360 or PlayStation 3 using a single cable.

Elgato Game Capture HD comes with a Quick Start Guide, a USB cable, an HDMI cable, and a PlayStation 3 cable. It accepts the input of Xbox 360 (unencrypted HDMI) and PlayStation 3 (A/V In) video signals at 480p, 576p, 720p, and 1080i. Mac OS X 10.7 and a 2.0GHz Intel Core 2 Duo CPU are required for use on a Mac. On a PC, Windows 7, a 2.0GHz Dual-Core CPU, a sound card, 4GB RAM, and a USB 2.0 port are required. Elgato Game Capture HD software is available to download