We previously reported on a hack that would let you transfer TiVo content to your iPod Video. But soon this will be an official feature supported by TiVo. The feature will begin to be tested in the coming weeks.
The files will be watermarked and traceable to originating computers to discourage piracy.
No word on whether we suckers with DirecTV TiVo will be able to take advantage of this. However, so far all signs point to no.